Credit Suisse plans 8.6% callable yield notes on Russell, Gold Miners

By Susanna Moon

Chicago, Feb. 2 - Credit Suisse AG, Nassau Branch plans to price 8.6% annualized callable yield notes due Aug. 15, 2011 based on the Russell 2000 index and the Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The payout at maturity will be par unless either underlying component closes at or below 75% of its initial level during the life of the notes, in which case investors will receive par plus the return of the worst performing underlying component, subject to a maximum payout of par.

The notes will be callable at par on any interest payment date.

The notes (Cusip: 22546EV35) are expected to price on Feb. 10 and settle on Feb. 15.

Credit Suisse Securities (USA) LLC is the agent.

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