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Published on 7/25/2014 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.34 million Bares linked to Vanguard REIT

New York, July 25 – Credit Suisse AG, London Branch priced $2.34 million of 0% Buffered Accelerated Return Equity Securities due July 28, 2016 tied to the Vanguard REIT ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 175% of the ETF return. Investors will receive par if the ETF falls by up to 10% and lose 1.1111% for every 1% decline in the ETF beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying ETF:Vanguard Reit ETF
Amount:$2,337,000
Maturity:July 28, 2016
Coupon:0%
Price:Par
Payout at maturity:If ETF return is positive, par plus 175% of the ETF return; par if ETF falls by up to 10%; 1.1111% loss for every 1% decline in the ETF beyond 10%
Initial share price:$76.66
Pricing date:July 23
Settlement date:July 28
UnderwriterCredit Suisse Securities (USA) LLC
Fees:0.25%
Cusip:22547QQT6

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