Credit Suisse plans 17.5%-18.5% callable yield notes on fund, indexes

By Susanna Moon

Chicago, Oct. 25 - Credit Suisse AG, Nassau Branch plans to price 17.5% to 18.5% annualized callable yield notes due May 2, 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 the index or either fund falls to or below its knock-in level - 74% 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.

The notes will price on Oct. 28 and settle on Nov. 2.

The Cusip number is 22546TGF2.

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