Credit Suisse plans return enhanced notes linked to S&P 500 via JPMorgan

By E. Janene Geiss

Philadelphia, Sept. 23 - Credit Suisse, Nassau branch plans to price 0% return enhanced notes due Dec. 31, 2008 linked to S&P 500 index via J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA, according to an FWP filing with the Securities and Exchange Commission.

Payout at maturity will be par plus triple any index gain, up to a maximum return of at least 10.1%. The exact cap will be set at pricing.

Investors will be fully exposed to any decline in the index.

The final index level will be the arithmetic average of the closing index level on the five consecutive trading days ending Dec. 26.

The notes are expected to price on Sept. 26 and settle on Oct. 1.

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