New Issue: Credit Suisse prices $16.77 million Accelerated Return Notes tied to General Motors

By Toni Weeks

San Luis Obispo, Calif., July 17 – Credit Suisse AG priced $16.77 million of 0% Accelerated Return Notes due July 31, 2015 linked to the common stock of General Motors Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock return is positive, the payout at maturity will be par plus 300% of the stock return, subject to a maximum return of 23.97%. Investors will share fully in any losses.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated return notes
Underlying stock:	General Motors Co. (Symbol: GM)
Amount:	$16,766,880
Maturity:	July 31, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If stock return is positive, par plus 3 times stock return, capped at 23.97%; full exposure to any losses
Initial price:	$37.60
Pricing date:	July 15
Settlement date:	July 18
Agent:	BofA Merrill Lynch
Fees:	1.75%
Cusip:	22545F334

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