RPT-UPDATE 1 – New Issue-Credit Suisse sells $2.05 bln notes

(Updates total size of sale to $2.05 billion instead of
$2.0 billion after floating rate tranche was increased; in
table, updates floating-rate notes to $800 million from $750
million).

Jan 11 (BestGrowthStock) – Credit Suisse AG (CSGN.VX: ) (CS.N: ) ,
acting through its New York Branch, on Tuesday sold $2.05
billion of two part notes, said IFR, a Thomson Reuters
service.

Credit Suisse was the sole bookrunning manager for the
sale.
BORROWER: CREDIT SUISSE AG
TRANCHE 1
AMT $1.25 BLN COUPON 2.20 PCT MATURITY 1/14/2014
TYPE NTS ISS PRICE 99.879 FIRST PAY 7/14/2011
MOODY’S Aa1 YIELD 2.242 PCT SETTLEMENT 1/14/2011
S&P A-PLUS SPREAD 128 BPS PAY FREQ SEMI-ANNUAL
FITCH AA-MINUS MORE THAN TREAS NON-CALLABLE N/A
TRANCHE 2
AMT $800 MLN COUPON 3-MO-LIBOR MATURITY 1/14/2014

+ 96 BPS
TYPE NTS ISS PRICE 100 FIRST PAY 4/14/2011
MOODY’S Aa1 YIELD N/A SETTLEMENT 1/14/2011
S&P A-PLUS SPREAD 96 BPS PAY FREQ QUARTERLY
FITCH AA-MINUS MORE THAN LIBOR NON-CALLABLE N/A