New Issue: Credit Suisse prices $2.04 million 9.6% callable yield notes linked to fund, two indexes

By Toni Weeks

San Diego, Jan. 25 - Credit Suisse AG, Nassau Branch priced $2.04 million of 9.6% callable yield notes due Jan. 28, 2013 linked to the S&P 500 index, the Russell 2000 index and the Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

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

The payout at maturity will be par unless any underlying component falls by 40% or more from 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.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Callable yield notes
Underlying components:	S&P 500 index, Russell 2000 index and Market Vectors Gold Miners exchange-traded fund
Amount:	$2,043,000
Maturity:	Jan. 28, 2013
Coupon:	9.6% per year, payable monthly
Price:	Par
Payout at maturity:	Par, unless any component falls by 40% or more during the life of the notes, in which case par plus return of worst-performing component, up to a maximum of par
Initial levels:	1,316 for S&P, 783.05 for Russell, $53.01 for Gold Miners
Knock-in level:	789.6 for S&P, 469.83 for Russell, $31.806 for Gold Miners; 60% of initial levels
Call option:	At par on any monthly interest payment date beginning Feb. 27
Pricing date:	Jan. 23
Settlement date:	Jan. 26
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.25%
Cusip:	22546TKU4

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