Credit Suisse to sell 0% contingent protection notes linked to S&P 500

New York, Feb. 2 - Credit Suisse (USA), Inc. plans to sell an offering of 0% contingent protection notes due Feb. 26, 2010 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the S&P 500 index stays above 75% of its initial pricing level throughout the life of the notes, the payout at maturity will be par plus the return on the index with a minimum return of par plus 10%.

If the S&P 500 falls below the threshold level, the return will be par plus the return on the index, which could be negative.

Credit Suisse will be the underwriter of the issue.

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