New Issue: Credit Suisse prices $19.5 million return enhanced notes linked to S&P 500 via JPMorgan

By Angela McDaniels

Tacoma, Wash., April 28 - Credit Suisse AG, Nassau Branch priced $19.5 million of 0% return enhanced notes due Oct. 27, 2010 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, subject to a maximum return of 15.525%. Investors will be exposed to any index decline.

J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA are the agents.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Return enhanced notes
Underlying index:	S&P 500
Amount:	$19.5 million
Maturity:	Oct. 27, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, up to maximum return of 15.525%; exposure to any index decline
Initial index level:	1,191.36
Final index level:	Average of closing levels on the five trading days ending Oct. 22, 2010
Pricing date:	April 28
Settlement date:	May 3
Agents:	J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA
Fees:	None
Cusip:	22546EUZ5

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