Credit Suisse plans 11.5% callable yield notes on index, two funds

By Susanna Moon

Chicago, April 11 - Credit Suisse AG, Nassau Branch plans to price 11.5% callable yield notes due April 23, 2012 linked to the Russell 2000 index, the United States Natural Gas Fund, LP 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 at par on July 25, Oct. 24, 2011 or Jan. 23, 2012.

The payout at maturity will be par unless any component 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 worst-performing component, up to a maximum payout of par.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes will price on April 18 and settle on April 21.

The Cusip is 22546E4V3.

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