Credit Suisse to price 9% callable yield notes linked to S&P 500, Market Vectors Gold

By Marisa Wong

Milwaukee, April 16 - Credit Suisse, Nassau Branch plans to price 9% annualized callable yield notes due Oct. 26, 2010 linked to the performance of the S&P 500 index and the Market Vectors Gold Miners exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes are callable in whole at par on any interest payment date beginning June 26.

The payout at maturity will be par unless either of the underlying components falls to or below its knock-in level - 70% of its initial level - during the life of the notes, in which case investors will receive par plus the return of the worse-performing component, up to a maximum payout of par.

The notes will price on April 21 and settle on April 26.

Credit Suisse Securities (USA) LLC is the underwriter.

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