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Published on 8/12/2014 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $873,000 Bares on Euro Stoxx 50, iShares MSCI EAFE

By Marisa Wong

Madison, Wis., Aug. 12 – Credit Suisse AG, London Branch priced $873,000 of 0% Buffered Accelerated Return Equity Securities due Aug. 11, 2016 tied to the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the underlying return of the lower performing underlying.

If an underlying’s final level is greater than or equal to its initial level, its underlying return will equal 19%.

If an underlying’s final level is less than its initial level by no more than 10%, its underlying return will equal zero. Otherwise, the underlying return will be the decline in excess of 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlyings:Euro Stoxx 50 and iShares MSCI EAFE ETF
Amount:$873,000
Maturity:Aug. 11, 2016
Coupon:0%
Price:Par
Payout at maturity:If lower performing underlying finishes above initial level, par plus 19%; if lower performing underlying falls by 10% or less, par; otherwise, 1% loss for every 1% decline of lower performing underlying beyond 10% buffer
Initial levels:3,006.83 for index and $65.28 for fund
Pricing date:Aug. 8
Settlement date:Aug. 13
Underwriters:Credit Suisse Securities (USA) LLC
Fees:0.55%
Cusip:22547QQX7

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