New Issue: Credit Suisse prices $500,000 0% ARES linked to Euro Stoxx 50

By E. Janene Geiss

Philadelphia, April 8 - Credit Suisse (USA), Inc. priced a $500,000 issue of 0% Accelerated Return Equity Securities (ARES) due April 30, 2009 linked to the Dow Jones Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus quadruple the gain on the index, capped at 19.25%. Investors will be fully exposed to any decline in the index.

Credit Suisse Securities (USA) LLC will be the underwriter. The Depositary Trust Co. is the distributor.

Issuer:	Credit Suisse Securities (USA), Inc.
Issue:	Accelerated Return Equity Securities (ARES)
Underlying index:	Dow Jones Euro Stoxx 50
Amount:	$500,000
Maturity:	April 30, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	If index performance is positive, par plus quadruple any gain on index, capped at 19.25%; otherwise, return on the index
Initial index level:	3,611.45
Pricing date:	April 4
Settlement date:	April 8
Agent:	Credit Suisse Securities (USA) LLC
Distributor:	Depositary Trust Co.
Agent fee:	1.5%

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