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Published on 3/15/2011 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $16.1 million of 0% Bares linked to S&P MidCap 400

By Toni Weeks

San Diego, March 15 - Credit Suisse AG, Nassau Branch priced $16.1 million of 0% Buffered Accelerated Return Equity Securities due March 18, 2013 linked to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 150% of the index return, capped at 28.81%. Investors will receive par for losses up to 10% and will share in any losses beyond the buffer.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, Nassau Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying index:S&P MidCap 400 index
Amount:$16.1 million
Maturity:March 18, 2013
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial level, par plus 150% of index return, capped at 28.81%; par for losses up to 10%; share in losses beyond 10%
Initial index level:952.94
Pricing date:March 11
Settlement date:March 16
Underwriter:Credit Suisse Securities (USA) LLC
Fees:None
Cusip:22546EW34

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