New Issue: Credit Suisse prices $636,000 13.5% notes linked to Akamai

By Angela McDaniels

Seattle, Feb. 27 - Credit Suisse (USA), Inc. priced a $636,000 offering of 13.5% reverse convertible securities due Feb. 27, 2008 linked to the common stock of Akamai Technologies, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The payout at maturity will be par unless Akamai stock falls below the knock-in price of $45.656 during the life of the securities and finishes below the initial share price of $57.07, in which case the payout will be a number of Akamai shares equal to $1,000 divided by the initial share price.

Issuer:	Credit Suisse (USA), Inc.
Issue:	Reverse convertible securities
Underlying stock:	Akamai Technologies, Inc.
Amount:	$636,000
Maturity:	Feb. 27, 2008
Coupon:	13.5%, payable quarterly
Price:	Par
Payout at maturity:	If Akamai falls below the knock-in price during the life of the securities and finishes below the initial share price, 17.52234 Akamai shares; otherwise, par
Initial share price:	$57.07
Knock-in price:	$45.656, 80% of $57.07
Pricing date:	Feb. 22
Settlement date:	Feb. 28
Underwriter:	Credit Suisse Securities (USA) LLC
Underwriting discount:	3.12%
Distributor:	FIS

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