Credit Suisse to price Booster Cert PLUS securities linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., Oct. 1 - Credit Suisse, Nassau Branch plans to price 0% Booster Cert PLUS securities due Oct. 19, 2011 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

A knock-out event will occur if the fund's share price exceeds the knock-out level on any day during the life of the notes, and a knock-in event will occur if the share price falls below the knock-in level during the life of the notes.

The knock-out level is expected to be 146% of the initial share price, and the knock-in level is expected to be 69% to 73% of the initial price. Both will be set at pricing.

If the index return is positive, the payout at maturity will be:

• Par plus 150% of the index return if a knock-out event has not occurred; or

• Par plus the index return if a knock-out event has occurred.

If the index return is negative, the payout will be:

• Par if a knock-in event has not occurred: or

• Par plus the index return if a knock-in event has occurred.

The notes will price Oct. 14 and settle Oct. 19.

Credit Suisse Securities (USA) LLC is the underwriter.

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