Credit Suisse plans 7.5%-9.5% callable yield notes linked to two funds

By Susanna Moon

Chicago, July 29 - Credit Suisse AG, Nassau Branch plans to price 7.5% to 9.5% callable yield notes due Feb. 21, 2012 linked to the Market Vectors Gold Miners exchange-traded fund and the SPDR S&P Metals & Mining ETF, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable every two months.

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

The payout at maturity will be par unless either fund closes at or below its knock-in level - 75% 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.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Aug. 16 and settle on Aug. 19.

The Cusip number is 22546TCH2.

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