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Published on 12/24/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.5 million 4.85% coupon buffered securities tied to index, fund

By Jennifer Chiou

New York, Dec. 24 - Credit Suisse A,G London Branch priced $1.5 million of 4.85% coupon buffered securities due Dec. 24, 2014 linked to the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The payout at maturity will be par unless either component falls below the 15% buffer on the Dec. 19, 2014 valuation date, in which case investors will lose 1.17647% for every 1% decline of the worst-performing component beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Coupon buffered securities
Underlying components:Russell 2000 index and the iShares MSCI EAFE index fund
Amount:$1.5 million
Maturity:Dec. 24, 2014
Coupon:4.85%, payable monthly
Price:Par
Payout at maturity:Par unless worst-performing component falls by more than 15% on Dec. 19, 2014, in which case 1.17647% loss per each 1% decline of worst-performing component beyond 15%
Initial levels:1,125.45 for Russell, $64.70 for EAFE fund
Trigger levels:85% of initial level
Pricing date:Dec. 19
Settlement date:Dec. 24
Agent:Credit Suisse Securities (USA) LLC
Fees:None
Cusip:22547QF68

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