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Published on 4/13/2009 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $4.65 million buffered securities linked to S&P 500

By Angela McDaniels

Tacoma, Wash., April 13 - Credit Suisse, Nassau Branch priced $4.65 million of 0% buffered securities due Oct. 14, 2010 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 16.25%. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that the index declines beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse, Nassau Branch
Issue:Buffered securities
Underlying index:S&P 500
Amount:$4,648,000
Maturity:Oct. 14, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus 16.25% if the index gains; par if the index falls by 20% or less; 1% loss for every 1% the index declines beyond 20%
Initial index level:856.56
Pricing date:April 9
Settlement date:April 15
Underwriter:Credit Suisse Securities (USA) LLC
Fees:2.25%

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