New Issue: Credit Suisse prices $1.42 million Bares linked to S&P 500

By Angela McDaniels

Tacoma, Wash., July 29 - Credit Suisse, Nassau branch priced $1.42 million of 0% Buffered Accelerated Return Equity Securities due Aug. 31, 2009 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, subject to a maximum return of 13%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that the index declines beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse, Nassau branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	S&P 500
Amount:	$1.42 million
Maturity:	Aug. 31, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, capped at maximum return of 13%; par if index falls by 10% or less; 1.1111% loss for each 1% index decline beyond 10%
Initial index level:	1,257.76
Pricing date:	July 25
Settlement date:	July 31
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	1.5%

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