Credit Suisse plans 10.5%-12.5% callable yield notes on Russell 2000, Market Vectors Gold

By E. Janene Geiss

Philadelphia, Oct. 28 - Credit Suisse AG, Nassau Branch plans to price 10.5% to 12.5% annualized callable yield notes due May 17, 2011 linked to the Russell 2000 index and the Market Vectors Gold Miners exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The exact coupon will be set at pricing. Interest will be paid on Jan. 18 and March 18.

The payout at maturity will be par unless the final level of either index is less than or equal to 75% of its initial level, in which case investors will receive par plus the return of the worst-performing underlying index.

The notes will be callable at par on any interest payment date on or after Jan. 18.

The notes (Cusip 22546EF25) are expected to price Nov. 12 and settle Nov. 17.

Credit Suisse Securities (USA) LLC is the agent.

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