New Issue: Credit Suisse prices $2 million knock-out notes linked to DISH Network

By Jennifer Chiou

New York, March 2 – Credit Suisse AG, London Branch priced $2 million of 0% knock-out notes due March 15, 2016 linked to DISH Network Corp. class A shares, according to a 424B2 filing with the Securities and Exchange Commission.

If DISH Network stock finishes at or above the 75% knock-out level, the payout at maturity will be the fixed payment percentage of 9.1%.

Otherwise, investors will receive par plus the stock return with full exposure to losses.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Knock-out notes
Underlying stock:	DISH Network Corp. (Symbol: DISH)
Amount:	$2 million
Maturity:	March 15, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If stock finishes at or above knock-in level, par plus 9.1%; otherwise, par plus return with full exposure to losses
Initial level:	$76.76
Knock-in level:	75% of initial level
Pricing date:	Feb. 26
Settlement date:	March 3
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	22546V6L5

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