Credit Suisse sets pricing date for ARES linked to Euro Stoxx 50

By E. Janene Geiss

Philadelphia, March 5 - Credit Suisse, Nassau branch set the pricing date for 0% Accelerated Return Equity Securities (ARES) due April 30, 2009 linked to the Dow Jones Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are expected to price March 25 and settle March 31.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 400% of the gain on the index, subject to a maximum gain of 17.25% to 19.25%. The exact cap will be determined at pricing. Investors will be fully exposed to any decline in the index.

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

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