New Issue: Credit Suisse sells $155,000 8.5% callable yield notes on Russell 2000, Gold Miners

By Susanna Moon

Chicago, Oct. 28 - Credit Suisse AG, Nassau Branch priced $155,000 of 8.5% callable yield notes due Oct. 31, 2011 based on the Russell 2000 index and Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes are callable at par on any interest payment date beginning April 29.

The payout at maturity will be par unless the index or the fund falls to or below its knock-in level - 60% of its initial level - during the life of the notes, in which case investors will receive par plus the return of the worse-performing underlying component, up to a maximum payout of par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Callable yield notes
Underlying components:	Russell 2000 index, Market Vectors Gold Miners exchange-traded fund
Amount:	$155,000
Maturity:	Oct. 31, 2011
Coupon:	8.5%, payable quarterly
Price:	Par
Payout at maturity:	If index or fund falls to or below its knock-in level during the life of the notes, par plus the return of the worst-performing underlying component, capped at par; otherwise, par
Call option:	At par on any interest payment date after six months
Initial levels:	706.93 for Russell; $55.79 for Gold Miners
Knock-in levels:	424.158 for Russell and $33.474 for Gold Miners; 60% of initial levels
Pricing date:	Oct. 26
Settlement date:	Oct. 29
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22546EZY3

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