New Issue: Credit Suisse prices $1.55 million 0% Bares linked to S&P 500, Russell 2000

By Laura Lutz

Des Moines, April 14 - Credit Suisse, Nassau Branch priced a $1.55 million issue of 0% Buffered Accelerated Return Equity Securities (Bares) due May 18, 2009 linked to equal weights of the S&P 500 index and the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

If the final basket level is at least the initial level, the payout at maturity will be par plus 200% of any gain on the basket, capped at a maximum payout equal to 117.1% of par.

The payout will be par if the basket declines by up to 10%. Investors will lose 1% for each 1% that the basket declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse, Nassau Branch
Issue:	Buffered Accelerated Return Equity Securities (Bares)
Underlying basket:	S&P 500 index (with 50% weight), Russell 2000 (with 50% weight)
Amount:	$1.55 million
Maturity:	May 18, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	If final basket level is at least initial level, par plus 200% of any basket gain, capped at payout equal to 117.1% of par; par if basket declines by up to 10%; investors lose 1% for each 1% index decline beyond 10%
Initial index levels:	1,332.83 for S&P 500; 688.16 for Russell 2000
Pricing date:	April 11
Settlement date:	April 18
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.3%

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