New Issue: Credit Suisse prices $5.6 million knock-out notes on Euro Stoxx 50

By Marisa Wong

Madison, Wis., Oct. 16 - Credit Suisse AG, Nassau Branch priced $5.6 million of 0% knock-out notes due April 16, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-out event occurs if the index level decreases by more than 20% from the initial level on the final valuation date.

If a knock-out event does not occur, the payout at maturity will be par plus the greater of any index gain and 7%.

If a knock-out event occurs, the payout will be par plus the index return, with full exposure to losses.

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

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Knock-out notes
Underlying index:	Euro Stoxx 50
Amount:	$5,595,000
Maturity:	April 16, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index falls by more than 20% from initial level on April 11, 2014, par plus index return, with exposure to any losses; otherwise, par plus greater of any index gain and 7%
Initial level:	2,469.09
Knock-out level:	1,975.272, 80% of initial level
Pricing date:	Oct. 12
Settlement date:	Oct. 17
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	None
Cusip:	22546TD32

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