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Published on 2/29/2012 in the Prospect News Structured Products Daily.

Credit Suisse plans 6%-8% callable yield notes tied to fund, indexes

By Susanna Moon

Chicago, Feb. 29 - Credit Suisse AG, Nassau Branch plans to price 6% to 8% callable yield notes due Sept. 26, 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 monthly.

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

The payout at maturity will be par unless any component falls below the 70% trigger level during the life of the notes, in which case investors will receive par plus the return of the worst-performing component.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on March 21 and settle on March 26.

The Cusip is 22546TNK3.


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