Credit Suisse to price 0% Bares due 2014 linked to Russell 2000

By Jennifer Chiou

New York, Nov. 1 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due Dec. 2, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus a fixed payment percentage, which is expected to be 16% to 19% and will be set at pricing.

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

The notes (Cusip: 22546TH53) are expected to price on Nov. 27 and settle on Nov. 30.

Credit Suisse Securities (USA) LLC is the underwriter.

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