New Issue: Credit Suisse prices $3.49 million PLUS linked to S&P 500

By Angela McDaniels

Tacoma, Wash., March 1 - Credit Suisse AG, Nassau Branch priced $3.49 million of 0% Performance Leveraged Upside Securities due March 28, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index's final level is greater than the initial level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 11%. If the final index level is less than the initial index level, investors will be fully exposed to the decline.

Citigroup Global Markets Inc. is the agent. Distribution is through Morgan Stanley Smith Barney LLC.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$3,487,900
Maturity:	March 28, 2014
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus three times any index gain, up to maximum return of 11%; full exposure to any decline
Initial index level:	1,515.99
Pricing date:	Feb. 27
Settlement date:	March 4
Agent:	Citigroup Global Markets Inc.
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	2%
Cusip:	22539T811

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