New Issue: Credit Suisse prices $187,000 0% ARES linked to Financial Select Sector SPDR Fund

By Laura Lutz

Des Moines, Feb. 26 - Credit Suisse, Nassau branch priced $187,000 of 0% Accelerated Return Equity Securities (ARES) due March 27, 2009 linked to shares of the Financial Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is at least the initial price, the payout at maturity will be par plus 400% of any increase in the share price, capped at a payout equal to 121% of par.

Otherwise, the payout will be par minus the share price decline.

Credit Suisse Securities (USA) LLC is the underwriter. FIS is the distributor.

Issuer:	Credit Suisse, Nassau branch
Issue:	Accelerated Return Equity Securities (ARES)
Underlying fund:	Financial Select Sector SPDR Fund
Amount:	$187,000
Maturity:	March 27, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is at least initial price, par plus 400% of any share price increase, capped at payout equal to 121% of par; otherwise, par minus share price decline
Initial share price:	$27.20
Pricing date:	Feb. 22
Settlement date:	Feb. 28
Underwriter:	Credit Suisse Securities (USA) LLC
Distributor:	FIS
Fees:	1.5%

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