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Published on 7/30/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $14.36 million Accelerated Return Notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., July 30 - Credit Suisse AG, London Branch priced $14.36 million of 0% Accelerated Return Notes due Jan. 31, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain. Investors will receive par for losses of up to 25% and will be fully exposed to losses from the initial level if the index falls more than 25%.

Barclays is the placement agent.

Issuer:Credit Suisse AG, London Branch
Issue:Accelerated Return Notes
Underlying index:Euro Stoxx 50
Amount:$14.36 million
Maturity:Jan. 31, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain; par if index falls by 25% or less on Jan. 26, 2017 valuation date; full exposure to losses if index falls below knock-in level
Initial level:2,741.96
Knock-in level:2,056.47, 75% of initial level
Pricing date:July 26
Settlement date:July 31
Underwriter:Barclays
Fees:2.6%
Cusip:22547Q5Q5

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