424B2 1 e44880_424b2.htm PRICING SUPPLEMENT ADDENDUM NO. 89

Calculation of Registration Fee

 

Title of Each Class of Securities Offered

Maximum Aggregate
Offering Price

Amount of
Registration
Fee

VelocityShares Daily Inverse VIX Short Term ETN Linked
to the S&P 500 VIX Short-Term Futures IndexTM due
December 4, 2030

$4,825,000

$560.19

Filed pursuant to Rule 424(b)(2)
Registration Statement No. 333-158199-10
August 11, 2011

Pricing Supplement Addendum No. 89 dated August 11, 2011
To the Pricing Supplement No. VLS ETN-1/A7 dated August 10, 2011,
Prospectus Supplement dated March 25, 2009
and Prospectus dated March 25, 2009

Financial
Products		  
VelocityShares Daily Inverse VIX Short Term ETN Linked to the S&P 500 VIX Short-Term Futures IndexTM due December 4, 2030 (“ETNs”)

Issuer:

Credit Suisse AG, acting through its Nassau Branch

 

 

CUSIP/ISIN:

22542D795/US22542D7957

 

 

NYSE Arca Ticker Symbol:

XIV

 

 

Aggregate Offering Price of ETNs:

$4,825,000

 

 

Public Offering Price per ETN:

$9.65

 

 

Principal Amount of ETNs:

$5,000,000

 

 

Principal Amount per ETN:

$10.00

 

 

Trade Date:

August 11, 2011

 

 

Settlement Date:

August 16, 2011

 

 

Agent:

Credit Suisse Securities (USA) LLC (“CCSU”), an affiliate of the Issuer

 

 

Proceeds to Issuer:

100.00% of the Aggregate Offering Price

 

 

Agent’s Discount and Commission:

0.00%. However, CSSU is expected to charge normal commissions for the purchase of the ETNs and may receive all or a portion of the investor fee. In addition, CSSU our agent for any redemption at the investor’s option may charge investors a fee of up to 0.05% times the Closing Indicative Value of the ETN on the applicable valuation date, per ETN redeemed. For a further description of the fees and commissions payable pertaining to the ETNs please see the section entitled “Supplemental Plan of Distribution (Conflicts of Interest)” in the accompanying pricing supplement.

You may lose some or all of your principal if you invest in the ETNs. See “Risk Factors” beginning on page PS-26 of the accompanying pricing supplement for risks relating to an investment in the ETNs.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined that this pricing supplement addendum, or the accompanying pricing supplement, prospectus supplement and prospectus, is truthful or complete. Any representation to the contrary is a criminal offense. The ETNs 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.

Credit Suisse