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Published on 12/23/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $7.79 million leveraged notes linked to iShares MSCI EM fund

By Toni Weeks

San Luis Obispo, Calif., Dec. 23 - Credit Suisse AG, London Branch priced $7.79 million of 0% leveraged notes due Dec. 31, 2015 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any fund gain, up to a maximum payment of $1,347 per $1,000 principal amount of notes.

Investors will share in any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Leveraged notes
Underlying fund:iShares MSCI Emerging Markets exchange-traded fund
Amount:$7,786,000
Maturity:Dec. 31, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any fund gain, capped at 34.7%; full exposure to any losses
Initial price:$40.469
Pricing date:Dec. 19
Settlement date:Dec. 27
Agent:Credit Suisse Securities (USA) LLC
Fees:2%
Cusip:22547QEV4

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