New Issue: Credit Suisse prices $2.74 million 0% buffered accelerated return securities linked to S&P 500

By E. Janene Geiss

Philadelphia, Dec. 24 - Credit Suisse, Nassau branch priced a $2.74 million offering of 0% Buffered Accelerated Return Equity Securities due June 29, 2010 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is at least the initial level, the payout at maturity will be par plus 500% of any increase, subject to a maximum return of par plus 28%.

Investors will receive par if the index declines by 15% or less and will be fully exposed to any index decline beyond 15%.

Credit Suisse (USA) LLC will be the underwriter.

Issuer:	Credit Suisse, Nassau branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	S&P 500 index
Amount:	$2,737,000
Maturity:	June 29, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 500% of any index gain, up to maximum return of 28%; par if index falls by 15% or less; full exposure to any decline beyond 15%
Initial level:	863.16
Pricing date:	Dec. 23
Settlement date:	Dec. 29
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	None

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