Credit Suisse to price 0% dual directional buffered return enhanced notes linked to S&P 500 index

By Jennifer Chiou

New York, July 23 – Credit Suisse AG plans to price 0% notes due Oct. 29, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA are the placement agents.

If the index return is positive, the payout at maturity will be par plus the gain, capped at 10%.

If the index falls by up to 10%, the payment at maturity will be par plus the absolute value of the return.

Otherwise, investors will be exposed to any losses.

The notes (Cusip: 22547QQV1) are expected to price on July 25 and settle on July 30.

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