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Published on 12/30/2014 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $106.89 million Accelerated Return Notes on S&P 500

By Jennifer Chiou

New York, Dec. 29 – Credit Suisse AG, London Branch priced $106,885,030 of 0% Accelerated Return Notes due Feb. 26, 2016 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 300% of the index return, capped at 11.19%.

Investors will share in any losses.

BofA Merrill Lynch is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Accelerated Return Notes
Underlying index:S&P 500
Amount:$106,885,030
Maturity:Feb. 26, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 11.19%; exposure to losses
Initial index level:2,082.17
Pricing date:Dec. 23
Settlement date:Jan. 2
Agent:BofA Merrill Lynch
Fees:2%
Cusip:22548C114

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