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Published on 12/23/2009 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $8.23 million Bares linked to iShares DJ U.S. Real Estate fund

By Jennifer Chiou

New York, Dec. 23 - Credit Suisse, Nassau Branch priced $8.23 million of 0% Buffered Accelerated Return Equity Securities due Jan. 24, 2011 linked to the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 with the Securities and Exchange Commission.

If the fund's final share price increases from the initial share price, the payout at maturity will be par plus triple the return, capped at 27.8%.

Investors will receive par for losses up to 15% and will be exposed to any decline in the final share price beyond 15%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse, Nassau Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying fund:iShares Dow Jones U.S. Real Estate index fund
Amount:$8,228,000
Maturity:Jan. 24, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus triple any share price increase, capped at 27.8%; par for losses up to 15%; full exposure to any decline beyond 15%
Initial share price:$46.16
Pricing date:Dec. 21
Settlement date:Dec. 24
Underwriter:Credit Suisse Securities (USA) LLC
Fees:0.1%

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