New Issue: Credit Suisse sells $7.25 million return notes on Oil Service Holdrs via JPMorgan

By Susanna Moon

Chicago, Jan. 26 - Credit Suisse, Nassau Branch priced $7.25 million of 0% return enhanced notes due July 23, 2010 based on the performance of the Oil Service Holdrs trust, according to a 424B2 filing with the Securities and Exchange Commission.

J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA are the agents.

The payout at maturity will be par plus triple any share gain, up to a maximum return of 17.46%.

Investors will be exposed to any losses.

Issuer:	Credit Suisse, Nassau Branch
Issue:	Return enhanced notes
Underlying security:	Oil Service Holdrs trust
Amount:	$7,252,000
Maturity:	July 23, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any share gain, capped at 17.46%; exposure to losses
Initial price:	$121.65
Pricing date:	Jan. 22
Settlement date:	Jan. 27
Agents:	J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA
Fees:	0.5%
Cusip:	22546ESB1

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