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Published on 4/3/2012 in the Prospect News Structured Products Daily.

Credit Suisse plans 7%-9% callable yield notes tied to fund, indexes

By Susanna Moon

Chicago, April 3 - Credit Suisse AG, Nassau Branch plans to price 7% to 9% annualized callable yield notes due Jan. 23, 2013 linked to the S&P 500 index, 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 to or below its 70% 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 18 and settle on April 23.

The Cusip number is 22546TQJ3.


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