New Issue: Credit Suisse sells $11.62 million buffered return enhanced notes on S&P 500 via JPMorgan

By Susanna Moon

Chicago, Aug. 31 - Credit Suisse, Nassau Branch priced $11.62 million of 0% buffered return enhanced notes due March 4, 2010 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

The payout at maturity will be par plus double any index gain, up to a maximum return of 9.92%.

Investors will receive par if the index falls by up to 5% and will lose 1.0526% for every 1% decline beyond 5%.

Issuer:	Credit Suisse, Nassau Branch
Issue:	Buffered return enhanced notes
Underlying index:	S&P 500
Amount:	$11,619,000
Maturity:	March 4, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, capped at 9.92%; par if index falls by 5% or less; 1.0526% loss for every 1% decline beyond 5%
Initial index level:	1,030.98
Pricing date:	Aug. 27
Settlement date:	Sept. 1
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc.
Fees:	0.5%

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