New Issue: CSFB sells $1 million 15% reverse convertibles linked to Silicon Labs

By Caroline Salls

Pittsburgh, March 30 - Credit Suisse First Boston (USA) Inc. priced $1 million of one-year 15% reverse convertible securities linked to Silicon Laboratories Inc. common stock, according to a 424B2 filing with the Securities and Exchange Commission.

Issuer:	Credit Suisse First Boston (USA) Inc.
Issue:	Reverse convertible securities
Underlying stock:	Silicon Laboratories Inc.
Amount:	$1 million
Coupon:	15%, payable quarterly
Maturity:	March 31, 2006
Price:	Par
Payout at maturity:	Par in cash if Silicon stock never trades at knock-in level or below, otherwise smaller of par in cash or $1,000/$30.00
Knock-in price:	$21.00, 70% of initial price of $30.00
Exchange ratio:	$1,000/$30.00
Exchange price:	$30.00
Call:	Non-callable
Pricing date:	March 28
Settlement date:	March 31
Lead manager:	Credit Suisse First Boston
Distribution:	Off shelf

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