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Published on 1/3/2013 in the Prospect News Structured Products Daily.

Credit Suisse plans to price 0% Bares linked to iShares MSCI EAFE

By Toni Weeks

San Diego, Jan. 3 - Credit Suisse AG, Nassau Branch plans to price 0% callable Buffered Accelerated Return Equity Securities due Feb. 5, 2015 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are callable on Feb. 12, 2014 at par plus the call return, which is expected to be 10% to 12%.

If the notes have not been called and the final share price is equal to or greater than the initial price, the payout at maturity will be par plus 110% of the fund return.

Investors will receive par for losses of up to 10% and will share in any losses beyond the buffer.

The exact terms will be set at pricing.

The notes (Cusip: 22546TR45) are expected to price Jan. 31 and settle Feb. 5.

Credit Suisse Securities (USA) LLC is the underwriter.


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