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Published on 10/11/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.33 million buffered return equity notes tied to iShares MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., Oct. 11 - Credit Suisse AG, London Branch priced $2.33 million of 0% buffered return equity securities due Nov. 13, 2014 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is zero or positive, the payout at maturity will be par plus the fund return, subject to a maximum return of 15.25%.

Investors will receive par if the fund falls by up to 10% and will lose 1.1111% for each 1% share price decline beyond the 10% buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered return equity securities
Underlying ETF:iShares MSCI EAFE
Amount:$2,325,000
Maturity:Nov. 13, 2014
Coupon:0%
Price:Par
Payout at maturity:If fund return is zero or positive, par plus fund return, with return capped at 15.25%; par if fund falls by up to 10%; 1.1111% loss for each 1% drop beyond 10%
Initial price:$62.97
Pricing date:Oct. 9
Settlement date:Oct. 15
Agent:Credit Suisse Securities (USA) LLC
Fees:1%
Cusip:22547QCC8

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