Credit Suisse plans market-linked step-up notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, April 2 - Credit Suisse AG, London Branch plans to price market-linked step-up notes due June 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the step-up level - 110% to 116% of the initial level - the payout at maturity will be par plus the index gain.

If the index finishes at or below the step-up level but at or above the initial level, the payout will be par plus the step-up return of 10% to 16%.

Investors will be exposed to any losses.

The exact deal terms, including step-up level and return, will be set at pricing.

BofA Merrill Lynch is the agent.

The notes will price in April and settle in May.

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