Credit Suisse plans 9%-11% callable yield notes tied to fund, indexes

By Susanna Moon

Chicago, May 31 - Credit Suisse AG, Nassau Branch plans to price 9% to 11% annualized callable yield notes due Dec. 19, 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 to or below the 65% 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 June 14 and settle on June 19.

The Cusip number is 22546TUP4.

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