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Published on 10/22/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.13 million accelerated barrier notes linked to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Oct. 22 - Credit Suisse AG, London Branch priced $2.13 million of 0% accelerated barrier notes due Oct. 25, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 143.3% of the index return. Investors will receive par if the index falls by less than 50% and will be fully exposed to losses from the initial level if the index falls by 50% or more.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Accelerated barrier notes
Underlying index:Euro Stoxx 50
Amount:$2,126,000
Maturity:Oct. 25, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is flat or positive, par plus 143.3% of index return; par if index falls by less than 50%; full exposure to decline if index falls by 50% or more
Initial index level:3,033.31
Knock-in level:1,516.655, 50% of initial level
Pricing date:Oct. 18
Settlement date:Oct. 25
Underwriters:Credit Suisse Securities (USA) LLC
Fees:3%
Cusip:22547QBD7

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