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Published on 8/26/2009 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $3.98 million Cert PLUS securities linked to iShares MSCI EAFE

By Jennifer Chiou

New York, Aug. 26 - Credit Suisse, Nassau Branch priced $3.98 million of 0% Cert PLUS securities due Aug. 31, 2011 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the fund's share price, subject to a maximum return of 33%.

If the shares decline by less than 25%, the payout will be par.

If the shares decline by 25% or more, investors will be fully exposed to the loss.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse, Nassau Branch
Issue:Cert PLUS securities
Underlying index fund:iShares MSCI EAFE
Amount:$3,983,000
Maturity:Aug. 31, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus double any gain in the fund's share price, subject to a maximum return of 33%; par if the shares decline by less than 25%; if the shares decline by 25% or more, investors will be fully exposed to the loss
Initial level:$52.34
Knock-in level:$39.26, 75% of initial level
Pricing date:Aug. 24
Settlement date:Aug. 31
Underwriter:Credit Suisse Securities (USA) LLC
Fees:2.11%

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