New Issue: Credit Suisse prices $949,000 six-month 10% callable yield notes tied to fund, indexes

By Susanna Moon

Chicago, Feb. 2 - Credit Suisse AG, Nassau Branch priced $949,000 of 10% annualized callable yield notes due Aug. 3, 2012 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 April 3, June 4 and at maturity.

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

The payout at maturity will be par unless any component falls by 30% or more 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:	$949,000
Maturity:	Aug. 3, 2012
Coupon:	10%, payable April 3, June 4 and at maturity
Price:	Par
Payout at maturity:	Par unless any component ever falls by 30% or more, in which case par plus return of worst-performing component, up to maximum payout of par
Initial levels:	1,312.41 for S&P, 792.82 for Russell, $56.46 for Gold Miners
Knock-in level:	918.687 for S&P, 554.974 for Russell, $39.522 for Gold Miners; 70% of initial levels
Call option:	At par on any interest payment date
Pricing date:	Jan. 31
Settlement date:	Feb. 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.25%
Cusip:	22546TLH2

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