New Issue: Credit Suisse prices $762,000 9% callable yield notes tied to Russell 2000, oil fund

By Toni Weeks

San Diego, March 9 - Credit Suisse AG, Nassau Branch priced $762,000 of 9% callable yield notes due March 12, 2013 linked to the Russell 2000 index and the United States Oil Fund, LP, 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.

The payout at maturity will be par unless the index or the fund falls to or below its knock-in level - 55% of its initial 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:	Russell 2000 index and United States Oil Fund, LP
Amount:	$762,000
Maturity:	March 12, 2013
Coupon:	9% per year, payable quarterly
Price:	Par
Payout at maturity:	Par, unless either component falls by 45% or more during the life of the notes, in which case par plus return of worst-performing component, up to maximum payout of par
Initial levels:	795.95 for Russell, $40.61 for oil fund
Knock-in levels:	437.7725 for Russell, $22.3355 for oil fund; 55% of initial levels
Call option:	At par on any quarterly interest payment date beginning June 12
Pricing date:	March 7
Settlement date:	March 12
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22546TNM9

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