New Issue: Credit Suisse prices $181,000 0% ARES linked to Russell 2000

By Susanna Moon

Chicago, Jan. 29 - Credit Suisse, Nassau branch priced $181,000 of 0% Accelerated Return Equity Securities (ARES) due March 3, 2009 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus quadruple any index gain, capped at a return of 20% or at a payment of $1,200 per $1,000 note.

If the index finishes below the initial level, investors will be exposed to the loss. Otherwise, the payout will be par.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse, Nassau branch
Issue:	Accelerated Return Equity Securities
Underlying index:	Russell 2000
Amount:	$181,000
Maturity:	March 3, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus quadruple any index gain, capped at 20% return; if index finishes below initial level, full exposure to the decline; otherwise, par
Initial index level:	688.6
Pricing date:	Jan. 25
Settlement date:	Jan. 31
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	1.5%

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