New Issue: Credit Suisse prices $7.19 million one-year Stars linked to S&P 500

By Susanna Moon

Chicago, Oct. 9 - Credit Suisse AG, London Branch priced $7.19 million of 0% Strategic Accelerated Redemption Securities due Oct. 31, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus a call premium of 6.42% per year if the index closes at or above its initial level on April 17, 2014, July 11, 2014, and Oct. 24, 2014.

If the notes are not called, the payout at maturity will be par unless the index falls by more than 5%, in which case investors will be exposed to any losses beyond 5%.

BofA Merrill Lynch is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Strategic Accelerated Redemption Securities
Underlying index:	S&P 500
Amount:	$7,192,780
Maturity:	Oct. 31, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par unless index falls by more than 5%, in which case exposure to any losses beyond 5%
Call:	At par plus 6.42% per year if index closes at or above initial level on April 17, 2014, July 11, 2014, and Oct. 24, 2014
Initial index level:	1,676.12
Threshold level:	1,592.31, or 95% of initial level
Pricing date:	Oct. 7
Settlement date:	Oct. 17
Underwriter:	BofA Merrill Lynch
Fees:	1.25%
Cusip:	22539T589

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