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Published on 12/9/2014 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $981,000 buffered return equity securities on indexes

By Jennifer Chiou

New York, Dec. 9 – Credit Suisse AG, London Branch priced $981,000 of 0% buffered return equity securities due Dec. 7, 2017 linked to the lowest performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the lowest-performing index finishes at or above its initial level, the payout at maturity will be par plus the return.

Investors will receive par if the lowest-performing index falls by 27.5% or less and will share in declines beyond 27.5%. Investors may lose up to 72.5%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered return equity securities
Underlying indexes:S&P 500, Russell 2000 and Dow Jones industrial average
Amount:$981,000
Maturity:Dec. 7, 2017
Coupon:0%
Price:Par
Payout at maturity:If lowest-performing index finishes flat or gains, par plus return; par if lowest-performing index falls by 27.5% or less; 1% loss for every 1% drop beyond 27.5%
Initial index levels:2,071.92 for S&P, 1,173.006 for Russell, 17,900.10 for Dow
Pricing date:Dec. 4
Settlement date:Dec. 9
Underwriters:Credit Suisse Securities (USA) LLC
Fees:0.8%
Cusip:22547QYR1

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