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Published on 9/14/2009 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.72 million Bares due 2011 linked to S&P 500 index

By Angela McDaniels

Tacoma, Wash., Sept. 14 - Credit Suisse, Nassau Branch priced $1.72 million of 0% Buffered Accelerated Return Equity Securities due Sept. 15, 2011 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus 14.25%. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

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:$1,716,000
Maturity:Sept. 15, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus 14.25% if final index level is greater than or equal to initial level; par if index falls by 20% or less; 1% loss for every 1% decline beyond 20%
Initial index level:1,044.14
Pricing date:Sept. 10
Settlement date:Sept. 15
Underwriter:Credit Suisse Securities (USA) LLC
Fees:2.5%

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