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Published on 4/30/2014 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.15 million Bares due 2019 linked to the Dow

By Susanna Moon

Chicago, April 30 - Credit Suisse AG, London Branch priced $1.15 million of 0% Buffered Accelerated Return Equity Securities due July 31, 2019 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of any gain and a fixed payment of 16%.

Investors will receive par if the index falls by up to 20% and lose 1% for every 1% decline beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying index:Dow Jones industrial average
Amount:$1.15 million
Maturity:July 31, 2019
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus any return, floor of 16%; par if index falls by up to 20%; 1% loss for every 1% drop beyond 20%
Initial index level:1,6448.74
Pricing date:April 28
Settlement date:April 30
Underwriters:Credit Suisse Securities (USA) LLC
Fees:3.5%
Cusip:22547QLM6

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