Credit Suisse plans 9.5% autocallable reverse convertibles linked to Aruba Networks

By Susanna Moon

Chicago, May 21 - Credit Suisse AG plans to price 9.5% autocallable reverse convertible notes due May 28, 2015 linked to Aruba Networks Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The notes will be called at par if Aruba Networks shares close at or above the initial share price on any quarterly call date.

The payout at maturity will be par unless Aruba Networks shares ever close at or below the knock-in price, 60% of the initial share price, during the life of the notes and finish below the initial share price, in which case the payout will be a number of Aruba Networks shares equal to $1,000 divided by the initial share price.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on May 22 and settle on May 28.

The Cusip number is 22547QNA0.

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