New Issue: Credit Suisse sells $12.2 million return enhanced notes on Euro Stoxx, euro via JPM

By Susanna Moon

Chicago, Feb. 22 - Credit Suisse AG, Nassau Branch priced $12.2 million of 0% return enhanced notes due Oct. 27, 2011 based on the performance of the Euro Stoxx 50 index and the euro against the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the underlying components, up to a maximum return of 26%.

Investors will be exposed to any losses.

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

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Return enhanced notes
Underlying components:	Euro Stoxx 50 index, euro versus dollar
Amount:	$12.2 million
Maturity:	Oct. 27, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any gain, capped at 26%; exposure to any losses
Initial index level:	2,983.33
Initial spot rate:	1.36945
Pricing date:	Feb. 22
Settlement date:	Feb. 25
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	None
Cusip:	22546EX66

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