New Issue: Credit Suisse prices $535,000 8% callable yield notes linked to Russell, Gold Miners ETF

By Jennifer Chiou

New York, April 4 - Credit Suisse AG, Nassau Branch priced $535,000 of 8% annualized callable yield notes due Oct. 5, 2011 linked to 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 on June 5, Aug. 5 and at maturity.

The payout at maturity will be par unless either the index or fund falls to or below its knock-in level - 77.5% 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, capped at a maximum payout of par.

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

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Callable yield notes
Amount:	$535,000
Maturity:	Oct. 5, 2011
Coupon:	8%, payable on June 5, Aug. 5 and at maturity
Price:	Par
Payout at maturity:	Par, unless either index or fund falls to or below 77.5% of initial level during life of notes, in which case par plus return of worst-performing component, capped at par
Initial levels:	843.55 for index and $60.06 for ETF
Knock-in levels:	653.7513 for index and $46.5465 for ETF, 77.5% of initial levels
Call option:	At par on any interest payment date
Pricing date:	March 31
Settlement date:	April 5
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22546EW91

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