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Published on 9/4/2012 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.02 million knock-out notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 4 - Credit Suisse AG, Nassau Branch priced $2.02 million of 0% knock-out notes due March 11, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

If the final index level is at least 75% of the initial index level, the payout at maturity will be par plus the greater of the index return and 5.45%.

If the final index level is less than 75% of the initial index level, investors will be fully exposed to the index's decline from its initial index level.

Issuer:Credit Suisse AG, Nassau Branch
Issue:Knock-out notes
Underlying index:Euro Stoxx 50
Amount:$2.02 million
Maturity:March 11, 2014
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to knock-out level, par plus greater of index return and 5.45%; otherwise, full exposure to index's decline
Initial index level:2,403.80
Knock-out level:1,802.85, 75% of initial index level
Pricing date:Aug. 30
Settlement date:Sept. 5
Agents:J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:1.25%
Cusip:22546TXW6

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