New Issue: Credit Suisse prices $540,000 8.75% callable yield notes linked to fund, indexes

By Marisa Wong

Madison, Wis., April 20 - Credit Suisse AG, Nassau Branch priced $540,000 of 8.75% annualized callable yield notes due Jan. 23, 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 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 70% 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.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Callable yield notes
Underlying components:	S&P 500 index, Russell 2000 index and Market Vectors Gold Miners exchange-traded fund
Amount:	$540,000
Maturity:	Jan. 23, 2013
Coupon:	8.75%, payable monthly
Price:	Par
Payout at maturity:	Par unless any component ever closes at or below knock-in level, in which case par plus return of worst-performing component
Initial levels:	1,385.14 for S&P, 803.32 for Russell, $46.63 for Gold Miners
Knock-in levels:	969.598 for S&P, 562.324 for Russell, $32.641 for Gold Miners; 70% of initial levels
Call option:	At par on any monthly interest payment date
Pricing date:	April 18
Settlement date:	April 23
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.5%
Cusip:	22546TQJ3

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