Credit Suisse to issue notes linked to emerging markets currency basket

By Angela McDaniels

Seattle, Sept. 20 - Credit Suisse (USA), Inc. plans to price an issue of 0% securities due October 2007 linked to a global currency basket of emerging markets exchange rates, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket will include the dollar/Brazilian real, dollar/Mexican peso, dollar/Russian ruble and dollar/Turkish lira spot exchange rates.

If the basket finishes at or below the initial basket level and above the participation minimum, which will be determined at pricing and will be between 91.25% and 91.75%, the payout at maturity will be par plus a return equal to 100% minus the participation minimum.

If the final basket level falls below the participation minimum, the payout will be par plus a return, which will be 100% minus the percentage change in the basket.

If the basket finishes above the initial basket level, the payout will be par.

Credit Suisse Securities (USA) LLC will be the underwriter.

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