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Published on 2/6/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $11.17 million buffered digital equity notes on SPDR S&P Metals

By Marisa Wong

Madison, Wis., Feb. 6 - Credit Suisse AG, Nassau Branch priced $11.17 million of 0% buffered digital equity securities due April 10, 2014 linked to the SPDR S&P Metals & Mining exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above its initial level, the payout at maturity will be par plus a fixed payment of 11.65%.

Investors will receive par if the fund falls by up to 10% and will lose 1.11111% for each 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, Nassau Branch
Issue:Buffered digital equity securities
Underlying fund:SPDR S&P Metals & Mining exchange-traded fund
Amount:$11,172,000
Maturity:April 10, 2014
Coupon:0%
Price:Par
Payout at maturity:If fund finishes at or above initial level, par plus a fixed 11.65%; par if fund falls by up to 10%; 1.11111% loss for each 1% drop beyond 10%
Initial price:$43.85
Pricing date:Feb. 4
Settlement date:Feb. 11
Agent:Credit Suisse Securities (USA) LLC
Fees:1.65%
Cusip:22546TT27

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