Credit Suisse delays pricing 8% callable yield notes tied to indexes

By Susanna Moon

Chicago, April 10 - Credit Suisse AG, Nassau Branch pushed back the pricing date of its 8% callable yield notes linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will now price on April 25 and settle on April 30, and the notes are now due April 30, 2014. They were originally set to mature on April 17, 2014.

Interest is payable quarterly.

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

The payout at maturity will be par unless either index 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 were originally set to price on April 12 and settle on April 17.

The Cusip number is 22546TPT2.

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