New Issue: Credit Suisse prices $1.25 million 9% callable yield notes tied to fund, two indexes

By Jennifer Chiou

New York, Sept. 27 - Credit Suisse AG, Nassau Branch priced $1,245,000 of 9% callable yield notes due Dec. 30, 2013 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 quarterly.

The notes are callable at par on any interest payment date beginning on Dec. 28, 2012.

The payout at maturity will be par unless any component falls to or below the 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 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 ETF
Amount:	$1,245,000
Maturity:	Dec. 30, 2013
Coupon:	9% per year, payable quarterly
Price:	Par
Payout at maturity:	Par unless any component ever closes to or below knock-in level, in which case par plus return of worst-performing component, capped at par
Initial levels:	1,441.59.48 for S&P, 839.12 for Russell and $52.17 for gold fund
Knock-in levels:	864.954 for S&P, 503.472 for Russell and $31.302 for gold fund; 60% of initial levels
Call option:	At par on any interest payment date beginning on Dec. 28, 2012
Pricing date:	Sept. 25
Settlement date:	Sept. 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.25%
Cusip:	22546TYF2

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