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Published on 1/23/2014 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $8.72 million 5% coupon buffered autocallables tied to index, fund

By Susanna Moon

Chicago, Jan. 23 - Credit Suisse AG London Branch priced $8.72 million of 5% coupon buffered securities due July 24, 2015 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 quarterly.

The payout at maturity will be par unless either component finishes below the 80% barrier level, in which case investors will lose 1.25% for every 1% decline of the worst performing component beyond 20%.

The notes will be called if each component closes above its initial level on any quarterly observation date.

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:$8,718,000
Maturity:July 24, 2015
Coupon:5%, payable quarterly
Price:Par
Payout at maturity:Par unless worst performing component falls by more than 20%, in which case 1.25% loss per each 1% decline of worst performing component beyond 20%
Call:If each component closes above initial level on any quarterly date
Initial levels:1,168.43 for Russell, $66.81 for EAFE fund
Trigger levels:80% of initial level
Pricing date:Jan. 21
Settlement date:Jan. 24
Agent:Credit Suisse Securities (USA) LLC
Fees:0.2%
Cusip:22547QGC4

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