New Issue: Credit Suisse prices $745,000 capped knock-out notes linked to Wells Fargo

By Angela McDaniels

Tacoma, Wash., Aug. 14 - Credit Suisse AG, Nassau Branch priced $745,000 of 0% capped knock-out notes due Aug. 28, 2013 linked to the common stock of Wells Fargo & Co., according to a 424B2 filing with the Securities and Exchange Commission.

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

If the final share price is at least 70% of the initial share price, the payout at maturity will be par plus 7.55%.

If the final share price is less than 70% of the initial share price, investors will be fully exposed to the stock's decline from its initial share price.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Capped knock-out notes
Underlying stock:	Wells Fargo & Co. (NYSE: WFC)
Amount:	$745,000
Maturity:	Aug. 28, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than or equal to knock-out level, par plus 7.55%; otherwise, full exposure to share price decline
Initial share price:	$33.83
Knock-out level:	$23.681, 70% of initial share price
Pricing date:	Aug. 10
Settlement date:	Aug. 15
Placement agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	22546TXT3

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