Bond Swiss Credit 8% ( US22547QNZ53 ) in USD

Issuer Swiss Credit
Market price 100 %  ▼ 
Country  Switzerland
ISIN code  US22547QNZ53 ( in USD )
Interest rate 8% per year ( payment 2 times a year)
Maturity 28/06/2024 - Bond has expired



Prospectus brochure of the bond Credit Suisse US22547QNZ53 in USD 8%, expired


Minimal amount 1 000 USD
Total amount /
Cusip 22547QNZ5
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Detailed description Credit Suisse was a global investment bank and financial services company headquartered in Zurich, Switzerland, that was acquired by UBS in March 2023 following a significant financial crisis.

The Bond issued by Swiss Credit ( Switzerland ) , in USD, with the ISIN code US22547QNZ53, pays a coupon of 8% per year.
The coupons are paid 2 times per year and the Bond maturity is 28/06/2024







http://www.sec.gov/Archives/edgar/data/1053092/000095010314004482...
424B2 1 dp47491_424b2-u1025.htm FORM 424B2
Pricing Supplement No. U1025
Filed Pursuant to Rule 424(b)(2)
To the Underlying Supplement dated July 29, 2013,
Registration Statement No. 333-180300-03
Product Supplement No. U-I dated March 23, 2012,
June 25, 2014
Prospectus Supplement dated March 23, 2012 and
Prospectus dated March 23, 2012

Financial
Products $2,246,000
Step-Up Contingent Coupon Callable Yield Notes due June 28, 2024
Linked to the Performance of the EURO STOXX 50® Index and the Russell 2000® Index
General
·
The securities are designed for investors who are mildly bearish, neutral or mildly bul ish on the Underlyings. Investors should be wil ing to lose some or all of
their investment if a Knock-In Event occurs. Any payment on the securities is subject to our ability to pay our obligations as they become due.
·
Subject to Early Redemption, if a Coupon Barrier Event does not occur, contingent coupons wil be paid quarterly in arrears at an Applicable Contingent
Coupon Rate of 8.00% per annum from and including the Settlement Date to and excluding June 29, 2018, 10.00% per annum from and including June 29,
2018 to and excluding June 30, 2021 and 12.00% per annum from and including June 30, 2021 to and excluding the Maturity Date. If a Coupon Barrier Event
occurs on any Observation Date, no contingent coupon wil be paid for the corresponding contingent coupon period. Contingent coupons wil be calculated
on a 30/360 basis from and including the Settlement Date to and excluding the earlier of the Early Redemption Date and the Maturity Date, as applicable.
·
The Issuer may redeem the securities, in whole but not in part, on any Contingent Coupon Payment Date scheduled to occur on or after September 30, 2014.
No contingent coupons wil accrue or be payable fol owing an Early Redemption.
·
Senior unsecured obligations of Credit Suisse AG, acting through its London Branch, maturing June 28, 2024.
·
Minimum purchase of $1,000. Minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof.
·
The securities priced on June 25, 2014 (the "Trade Date") and are expected to settle on June 30, 2014 (the "Settlement Date"). Delivery of the securities in
book-entry form only wil be made through The Depository Trust Company.
Key Terms
Issuer:*
Credit Suisse AG ("Credit Suisse"), acting through its London Branch
Underlyings:
Each Underlying is identified in the table below, together with its Bloomberg ticker symbol, Initial Level, Coupon Barrier Level and
Knock-In Level:

Underlying
Ticker
Initial Level
Coupon Barrier Level Knock-In Level

EURO STOXX 50® Index ("SX5E")
SX5E <Index>
3252.31
2439.2325
1626.155

Russell 2000® Index ("RTY")
RTY <Index>
1182.68
887.01
591.34
Applicable Contingent Subject to Early Redemption, if a Coupon Barrier Event does not occur, the Applicable Contingent Coupon Rate for the corresponding
Coupon Rate:
contingent coupon period wil be:

·
8.00% per annum from and including the Settlement Date to and excluding June 29, 2018

·
10.00% per annum from and including June 29, 2018 to and excluding June 30, 2021

·
12.00% per annum from and including June 30, 2021 to and excluding the Maturity Date

If a Coupon Barrier Event occurs, no contingent coupon wil be paid for the corresponding contingent coupon period. Contingent coupons
wil be calculated on a 30/360 basis from and including the Settlement Date to and excluding the earlier of the Early Redemption Date
and the Maturity Date, as applicable.
Coupon Barrier Event: A Coupon Barrier Event wil occur if on an Observation Date the closing level of any Underlying is less than its Coupon Barrier Level.
Coupon Barrier Level: For each Underlying, as set forth in the table above.
Contingent Coupon
Subject to Early Redemption, unless a Coupon Barrier Event occurs, contingent coupons wil be paid quarterly in arrears on September
Payment Dates: 30, 2014, December 30, 2014, March 30, 2015, June 30, 2015, September 30, 2015, December 30, 2015, March 30, 2016, June 30,
2016, September 30, 2016, December 30, 2016, March 30, 2017, June 30, 2017, September 29, 2017, December 29, 2017, March 30,
2018, June 29, 2018, September 28, 2018, December 31, 2018, March 29, 2019, June 28, 2019, September 30, 2019, December 30,
2019, March 30, 2020, June 30, 2020, September 30, 2020, December 30, 2020, March 30, 2021, June 30, 2021, September 30,
2021, December 30, 2021, March 30, 2022, June 30, 2022, September 30, 2022, December 30, 2022, March 30, 2023, June 30, 2023,
September 29, 2023, December 29, 2023, March 29, 2024 and the Maturity Date, subject to the modified fol owing business day
convention. No contingent coupons wil accrue or be payable fol owing an Early Redemption. Contingent coupons wil be payable to the
holders of record at the close of business on the business day immediately preceding the applicable Contingent Coupon Payment Date,
provided that the contingent coupon payable on the Early Redemption Date or Maturity Date, as applicable, wil be payable to the person
to whom the Early Redemption Amount or the Redemption Amount, as applicable, is payable.
Redemption Amount:
At maturity, the Redemption Amount you wil be entitled to receive wil depend on the individual performance of each Underlying and
whether a Knock-In Event occurs. Subject to Early Redemption, the Redemption Amount wil be determined as fol ows:

·
If a Knock-In Event occurs, the Redemption Amount wil equal the principal amount of the securities you hold multiplied by the sum of
one plus the Underlying Return of the Lowest Performing Underlying. In this case, the Redemption Amount will be less than
$500 per $1,000 principal amount of securities. You could lose your entire investment.

·
If a Knock-In Event does not occur, the Redemption Amount wil equal the principal amount of the securities you hold.

Any payment on the securities is subject to our ability to pay our obligations as they become due.
Investing in the securities involves a number of risks. See "Selected Risk Considerations" in this pricing supplement and "Risk Factors" beginning
on page PS-3 of the accompanying product supplement.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the securities or passed upon the
accuracy or the adequacy of this pricing supplement or the accompanying underlying supplement, the product supplement, the prospectus supplement and the
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prospectus. Any representation to the contrary is a criminal offense.

Price to Public(1)
Underwriting Discounts and Commissions(2)
Proceeds to Issuer
Per security
$1,000.00
$49.00
$951.00
Total
$2,246,000.00
$110,054.00
$2,135,946.00
(1) Certain fiduciary accounts may pay a purchase price of at least $951.00 per $1,000 principal amount of securities, and the placement agent wil forgo any fees
with respect to such sales.
(2) Incapital LLC wil act as placement agents for the securities. The placement agents wil receive a fee from Credit Suisse or one of our affiliates of $49.00 per
$1,000 principal amount of securities. For more detailed information, please see "Supplemental Plan of Distribution" on the last page of this pricing supplement.

Credit Suisse currently estimates the value of each $1,000 principal amount of the securities on the Trade Date is $926.40 (as determined by
reference to our pricing models and the rate we are currently paying to borrow funds through issuance of the securities (our "internal funding
rate")). See "Selected Risk Considerations" in this pricing supplement.

The securities are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of
the United States, Switzerland or any other jurisdiction.
CALCULATION OF REGISTRATION FEE
Title of Each Class of Securities Offered
Maximum Aggregate Offering Price
Amount of Registration Fee
Notes
$2,246,000.00
$289.28
Incapital LLC
Placement Agent
June 25, 2014
(continued on next page)


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(continued from previous page)
Early Redemption:
Prior to the Maturity Date, the Issuer may redeem the securities in whole, but not in part, on any Contingent Coupon Payment Date
scheduled to occur on or after September 30, 2014 upon notice to the trustee on or before the immediately preceding Early Redemption
Notice Date at 100% of the principal amount of the securities (the "Early Redemption Amount"), together with the contingent coupon, if any,
payable on that Contingent Coupon Payment Date (the "Early Redemption Date").
Early Redemption
Notice of Early Redemption wil be provided prior to the relevant Contingent Coupon Payment Date on or before September 25, 2014,
Notice Dates:
December 24, 2014, March 25, 2015, June 25, 2015, September 25, 2015, December 24, 2015, March 24, 2016, June 27, 2016,
September 27, 2016, December 27, 2016, March 27, 2017, June 27, 2017, September 26, 2017, December 26, 2017, March 27, 2018,
June 26, 2018, September 25, 2018, December 26, 2018, March 26, 2019, June 25, 2019, September 25, 2019, December 24, 2019,
March 25, 2020, June 25, 2020, September 25, 2020, December 24, 2020, March 25, 2021, June 25, 2021, September 27, 2021,
December 27, 2021, March 25, 2022, June 27, 2022, September 27, 2022, December 27, 2022, March 27, 2023, June 27, 2023,
September 26, 2023, December 26, 2023 or March 26, 2024, as applicable.
Knock-In Event:
A Knock-In Event wil occur if the Final Level of any Underlying is less than its Knock-In Level.
Knock-In Level:
For each Underlying, as set forth in the table above.
Lowest Performing
Underlying:
The Underlying with the lowest Underlying Return.
Underlying Return:
For each Underlying, the Underlying Return wil be calculated as fol ows:

Final Level - Initial Level
, subject to a maximum of zero
Initial Level
Initial Level:
For each Underlying, as set forth in the table above.
Final Level:
For each Underlying, the closing level of such Underlying on the Valuation Date.
Observation Dates: September 25, 2014, December 24, 2014, March 25, 2015, June 25, 2015, September 25, 2015, December 24, 2015, March 24, 2016,
June 27, 2016, September 27, 2016, December 27, 2016, March 27, 2017, June 27, 2017, September 26, 2017, December 26, 2017,
March 27, 2018, June 26, 2018, September 25, 2018, December 26, 2018, March 26, 2019, June 25, 2019, September 25, 2019,
December 24, 2019, March 25, 2020, June 25, 2020, September 25, 2020, December 24, 2020, March 25, 2021, June 25, 2021,
September 27, 2021, December 27, 2021, March 25, 2022, June 27, 2022, September 27, 2022, December 27, 2022, March 27, 2023,
June 27, 2023, September 26, 2023, December 26, 2023, March 26, 2024 and the Valuation Date.
Valuation Date:
June 25, 2024
Maturity Date:
June 28, 2024
Listing:
The securities wil not be listed on any securities exchange.
CUSIP:
22547QNZ5
The determination of the closing level for each Underlying on each Observation Date (other than the Valuation Date) is subject to postponement if such date is
not a trading day for such Underlying or as a result of a market disruption event in respect of such Underlying, as described herein under "Market Disruption
Events." The Valuation Date is subject to postponement in respect of each Underlying if such date is not an underlying business day for such Underlying or as a
result of a market disruption event in respect of such Underlying, as described in the accompanying product supplement under "Description of the Securities
--Market disruption events." The Contingent Coupon Payment Dates (including the Maturity Date) are subject to postponement, each as described herein, if such
date is not a business day or if (a) the determination of the closing level for any Underlying on the corresponding Observation Date (other than the Valuation Date)
is postponed or (b) the Valuation Date is postponed, in each case because such date is not a trading day or an underlying business day for any Underlying, as
applicable, or as a result of a market disruption event in respect of any Underlying.



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Additional Terms Specific to the Securities

You should read this pricing supplement together with the underlying supplement dated July 29, 2013, the product supplement
dated March 23, 2012, the prospectus supplement dated March 23, 2012 and the prospectus dated March 23, 2012, relating
to our Medium-Term Notes of which these securities are a part. You may access these documents on the SEC website at
www.sec.gov as fol ows (or if such address has changed, by reviewing our filings for the relevant date on the SEC website):


·
Underlying supplement dated July 29, 2013:

http://www.sec.gov/Archives/edgar/data/1053092/000095010313004526/dp39753_424b2.htm


·
Product supplement No. U-I dated March 23, 2012:

http://www.sec.gov/Archives/edgar/data/1053092/000095010312001501/dp29492_424b2-ui.htm


·
Prospectus supplement and Prospectus dated March 23, 2012:

http://www.sec.gov/Archives/edgar/data/1053092/000104746912003186/a2208088z424b2.htm

Our Central Index Key, or CIK, on the SEC website is 1053092. As used in this pricing supplement, the "Company," "we," "us,"
or "our" refers to Credit Suisse.

This pricing supplement, together with the documents listed above, contains the terms of the securities and supersedes all
other prior or contemporaneous oral statements as wel as any other written materials including preliminary or indicative pricing
terms, fact sheets, correspondence, trade ideas, structures for implementation, sample structures, brochures or other
educational materials of ours. You should careful y consider, among other things, the matters set forth in "Risk Factors" in the
product supplement and "Selected Risk Considerations" in this pricing supplement, as the securities involve risks not
associated with conventional debt securities. You should consult your investment, legal, tax, accounting and other advisors
before deciding to invest in the securities.


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Hypothetical Redemption Amounts and Total Payments on the Securities

The tables and examples below il ustrate, for a $1,000 investment in the securities, hypothetical Redemption Amounts payable
at maturity for a hypothetical range of Underlying Returns of the Lowest Performing Underlying and, in the case of Tables 2, 3
and 4, total contingent coupon payments over the term of the securities, which wil depend on the timing and number of Coupon
Barrier Events that have occurred over the term of the securities. The tables and examples below reflect that (a) if a Coupon
Barrier Event does not occur on an Observation Date during the period from and including the Settlement Date to and excluding
June 29, 2018, a contingent coupon wil be paid for the corresponding contingent coupon period at a rate of 8.00% per annum,
(b) if a Coupon Barrier Event does not occur on an Observation Date during the period from and including June 29, 2018 to and
excluding June 30, 2021, a contingent coupon wil be paid for the corresponding contingent coupon period at a rate of 10.00%
per annum and (c) if a Coupon Barrier Event does not occur on an Observation Date during the period from and including June
30, 2021 to and excluding the Maturity Date, a contingent coupon wil be paid for the corresponding contingent coupon period
at a rate of 12.00% per annum and assume that (i) the securities are not redeemed prior to maturity, (i ) the term of the
securities is exactly 10 years, (i i) the Coupon Barrier Level for each Underlying is 75% of the Initial Level of such Underlying
and (iv) the Knock-In Level for each Underlying is 50% of the Initial Level of such Underlying. The examples are intended to
il ustrate hypothetical calculations of only the Redemption Amount and do not il ustrate the calculation or payment of any
individual contingent coupon payment.

The hypothetical Redemption Amounts and total coupon payments set forth below are for il ustrative purposes only. The actual
Redemption Amounts and total coupon payments applicable to a purchaser of the securities wil depend on the timing and
number of Coupon Barrier Events that have occurred over the term of the securities, whether a Knock-In Event occurs and on
the Final Level of the Lowest Performing Underlying. It is not possible to predict how many Coupon Barrier Events wil occur, if
any, or whether a Knock-In Event wil occur, and, in the event that there is a Knock-In Event, by how much the Final Level of
the Lowest Performing Underlying wil decrease in comparison to its Initial Level. You should consider careful y whether the
securities are suitable to your investment goals. Any payment on the securities is subject to our ability to pay our obligations as
they become due. The numbers appearing in the tables and examples below have been rounded for ease of analysis.

TABLE 1: Hypothetical Redemption Amounts

Percentage Change
from the Initial Level
Underlying Return of the
to the Final Level of the Lowest
Lowest Performing
Redemption Amount (excluding
Total Contingent Coupon
Performing Underlying
Underlying
contingent coupon payments, if any)
Payments
100.00%
0.00%
$1,000.00
90.00%
0.00%
$1,000.00
80.00%
0.00%
$1,000.00
70.00%
0.00%
$1,000.00
60.00%
0.00%
$1,000.00
50.00%
0.00%
$1,000.00
40.00%
0.00%
$1,000.00
30.00%
0.00%
$1,000.00
20.00%
0.00%
$1,000.00
10.00%
0.00%
$1,000.00
0.00%
0.00%
$1,000.00
(See table below)
-10.00%
-10.00%
$1,000.00
-20.00%
-20.00%
$1,000.00
-30.00%
-30.00%
$1,000.00
-40.00%
-40.00%
$1,000.00
-50.00%
-50.00%
$1,000.00
-50.01%
-50.01%
$499.90
-60.00%
-60.00%
$400.00
-70.00%
-70.00%
$300.00
-80.00%
-80.00%
$200.00
-90.00%
-90.00%
$100.00
-100.00%
-100.00%
$0.00


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TABLE 2: Hypothetical contingent coupon payments during the period from and including the Settlement Date to and excluding
June 29, 2018.

Contingent Coupon Payments during the period from
Number of Coupon Barrier Events during the period from and including the Settlement
and including the Settlement Date to and excluding
Date to and excluding June 29, 2018
June 29, 2018
A Coupon Barrier Event does not occur
$320.00
A Coupon Barrier Event occurs on 1 Observation Date
$300.00
A Coupon Barrier Event occurs on 2 Observation Dates
$280.00
A Coupon Barrier Event occurs on 3 Observation Dates
$260.00
A Coupon Barrier Event occurs on 4 Observation Dates
$240.00
A Coupon Barrier Event occurs on 5 Observation Dates
$220.00
A Coupon Barrier Event occurs on 6 Observation Dates
$200.00
A Coupon Barrier Event occurs on 7 Observation Dates
$180.00
A Coupon Barrier Event occurs on 8 Observation Dates
$160.00
A Coupon Barrier Event occurs on 9 Observation Dates
$140.00
A Coupon Barrier Event occurs on 10 Observation Dates
$120.00
A Coupon Barrier Event occurs on 11 Observation Dates
$100.00
A Coupon Barrier Event occurs on 12 Observation Dates
$80.00
A Coupon Barrier Event occurs on 13 Observation Dates
$60.00
A Coupon Barrier Event occurs on 14 Observation Dates
$40.00
A Coupon Barrier Event occurs on 15 Observation Dates
$20.00
A Coupon Barrier Event occurs on 16 Observation Dates
$0.00

TABLE 3: Hypothetical contingent coupon payments during the period from and including the June 29, 2018 to and excluding Jun
30, 2021.

Contingent Coupon Payments during the period from
Number of Coupon Barrier Events during the period from and including June 29, 2018 to and including June 29, 2018 to and excluding June 30,
and excluding June 30, 2021
2021
A Coupon Barrier Event does not occur
$300.00
A Coupon Barrier Event occurs on 1 Observation Date
$275.00
A Coupon Barrier Event occurs on 2 Observation Dates
$250.00
A Coupon Barrier Event occurs on 3 Observation Dates
$225.00
A Coupon Barrier Event occurs on 4 Observation Dates
$200.00
A Coupon Barrier Event occurs on 5 Observation Dates
$175.00
A Coupon Barrier Event occurs on 6 Observation Dates
$150.00
A Coupon Barrier Event occurs on 7 Observation Dates
$125.00
A Coupon Barrier Event occurs on 8 Observation Dates
$100.00
A Coupon Barrier Event occurs on 9 Observation Dates
$75.00
A Coupon Barrier Event occurs on 10 Observation Dates
$50.00
A Coupon Barrier Event occurs on 11 Observation Dates
$25.00
A Coupon Barrier Event occurs on 12 Observation Dates
$0.00


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TABLE 4: Hypothetical contingent coupon payments during the period from and including the June 30, 2021 to and excluding the
Maturity Date.

Contingent Coupon Payments during the period from
Number of Coupon Barrier Events during the period from and including June 30, 2021 to
and including June 30, 2021 to and excluding the
and excluding the Maturity Date
Maturity Date
A Coupon Barrier Event does not occur
$360.00
A Coupon Barrier Event occurs on 1 Observation Date
$330.00
A Coupon Barrier Event occurs on 2 Observation Dates
$300.00
A Coupon Barrier Event occurs on 3 Observation Dates
$270.00
A Coupon Barrier Event occurs on 4 Observation Dates
$240.00
A Coupon Barrier Event occurs on 5 Observation Dates
$210.00
A Coupon Barrier Event occurs on 6 Observation Dates
$180.00
A Coupon Barrier Event occurs on 7 Observation Dates
$150.00
A Coupon Barrier Event occurs on 8 Observation Dates
$120.00
A Coupon Barrier Event occurs on 9 Observation Dates
$90.00
A Coupon Barrier Event occurs on 10 Observation Dates
$60.00
A Coupon Barrier Event occurs on 11 Observation Dates
$30.00
A Coupon Barrier Event occurs on 12 Observation Dates
$0.00

The expected total contingent coupon payments over the term of the securities wil depend on when and how many Coupon
Barrier Events occur. The total payment on the securities wil be equal to the Redemption Amount applicable to an investor plus
the total contingent coupon payments on the securities.


The fol owing examples il ustrate how the Redemption Amount is calculated.

Example 1: A Knock-In Event occurs because the Final Level of an Underlying is less than its Knock-In Level.

Underlying
Final Level
SX5E
110% of Initial Level
RTY
40% of Initial Level

Since the Final Level of RTY is less than its Knock-In Level, a Knock-In Event occurs. RTY is also the Lowest Performing
Underlying.

Therefore, the Underlying Return of the Lowest Performing Underlying wil equal:

Final Level of RTY ­ Initial Level of RTY
Initial Level of RTY

= -0.60

The Redemption Amount = principal amount of the securities × (1 + Underlying Return of the Lowest Performing Underlying)

= $1,000 × (1 ­ 0.60) = $400

Example 2: A Knock-In Event does not occur because the Final Level of each Underlying is greater than its Knock-In
Level.

Underlying
Final Level
SX5E
80% of Initial Level
RTY
90% of Initial Level

Since the Final Level of each Underlying is not less than its Knock-In Level, a Knock-In Event does not occur.

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Therefore, the Redemption Amount equals $1,000.


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Example 3: A Knock-In Event does not occur because the Final Level of each Underlying is greater than its Knock-In
Level.

Underlying
Final Level
SX5E
110% of Initial Level
RTY
110% of Initial Level

Since the Final Level of each Underlying is not less than its Knock-In Level, a Knock-In Event does not occur.

Therefore, the Redemption Amount equals $1,000.


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