Credit Suisse plans securities tied to iShares MSCI Emerging Markets

By Toni Weeks

San Diego, April 9 - Credit Suisse AG, Nassau Branch plans to price securities due April 30, 2014 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the fund closes at or above the initial level on the April 25, 2013 review date.

If a trigger event occurs, the securities will be automatically called at par plus the call return, which is expected to be 7%.

If the notes are not called, investors will receive a contingent early payment on April 30, 2013 equal to par multiplied by the fixed payment percentage, which is expected to be 4%, or $40 per $1,000 principal amount of securities.

If the fund finishes at or above the initial price, the payout at maturity will be par plus 150% of the gain.

If the final price is less than the initial price but greater than or equal to the knock-in level, expected to be 68% to 72% of the initial price, the payout will be par.

If the final price is below the knock-in level, investors will be fully exposed to losses.

The exact terms will be set at pricing.

The notes (Cusip: 22546TQW4) are expected to price April 25 and settle April 30.

Credit Suisse Securities (USA) LLC is the agent.

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