New Issue: Credit Suisse prices $5.14 million callable Cert Plus notes tied to S&P, Russell

By Susanna Moon

Chicago, Dec. 27 - Credit Suisse AG, Nassau Branch priced $5.14 million of 0% callable Cert Plus securities due Dec. 29, 2014 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are callable par plus a call return of 10.25% on Dec. 27, 2013.

If the notes are not called and the lowest performing index finishes above the initial level, the payout at maturity will be par plus 1.5 times any gain in the lowest performing index.

Otherwise, the payout will be par unless the lowest performing index finishes at or below the 67.75% trigger level, in which case investors will receive par plus the return of the lowest performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Callable Cert Plus securities
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$5,137,000
Maturity:	Dec. 29, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of gain of lowest performing index; if either index falls, the payout will be par unless lowest performing index finishes at or below trigger level, in which case par plus the return of the lowest performing index
Call option:	At par plus 10.25% on Dec. 27, 2013
Initial levels:	1,430.15 for S&P, 847.92 for Russell
Knock-in levels:	968.926625 for S&P, 574.4658 for Russell; 67.75% of initial levels
Pricing date:	Dec. 21
Settlement date:	Dec. 27
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22546TP47

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