Credit Suisse plans 10%-12% autocallable yield notes on fund, indexes

By Susanna Moon

Chicago, Jan. 3 - Credit Suisse AG, Nassau Branch plans to price 10% to 12% autocallable yield notes due Jan. 23, 2013 linked to the Russell 2000 index, the S&P 500 index and the Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes will be redeemed at par if all of the underlying components close at or above their initial levels on a quarterly observation date.

The payout at maturity will be par unless any component falls to or below its knock-in level - 65% 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 agent.

The notes will price on Jan. 18 and settle on Jan. 23.

The Cusip is 22546TKF7.

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