Credit Suisse moves up planned pricing of 9%-11% callable yield notes tied to Russell, gas fund

By Jennifer Chiou

New York, March 31 - Credit Suisse AG, Nassau Branch now plans to price its planned issue of 9% to 11% annualized callable yield notes due Oct. 31, 2011 linked to the Russell 2000 index and the U.S. Natural Gas Fund, LP on April 25 instead of the day after, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable on June 30, Aug. 30 and at maturity.

The notes are callable at par on any interest payment date beginning on June 30, 2011.

The payout at maturity will be par unless either component falls to or below its knock-in level - 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 component, up to a maximum payout of par.

The notes (Cusip: 22546E3R3) are still expected to settle on April 29.

Credit Suisse Securities (USA) LLC is the agent.

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