Credit Suisse plans 11%-13% callable yield notes tied to index, funds

By Susanna Moon

Chicago, April 2 - Credit Suisse AG, Nassau Branch plans to price 11% to 13% callable yield notes due April 18, 2013 linked to the Russell 2000 index, the United States Oil Fund, LP 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 are callable at par on any interest payment date.

The payout at maturity will be par unless any component falls to or below its 60% knock-in 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 will be the agent.

The notes will price on April 13 and settle on April 18.

The Cusip number is 22546TQK0.

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