STOCKHOLM (Standard&Poor's) Dec. 2, 2013--Standard&Poor's Ratings Services said today that it has assigned its 'BB-' long-term issue rating to the proposed undated additional Tier 1 capital notes to be issued by Credit Suisse Group AG (A-/Stable/--). The rating is subject to our review of the notes' final documentation. In accordance with our criteria for hybrid capital instruments, the 'BB-' rating reflects our analysis of the proposed instruments, and our assessment of Credit Suisse AG's stand-alone credit profile (SACP) of 'bbb+' (see "Bank Hybrid Capital Methodology And Assumptions," published Nov. 1, 2011). The 'BB-' issue rating stands five notches below the operating company's SACP, incorporating: The deduction of two notches, which is the minimum downward notching from
