revised.htm - Generated by SEC Publisher for SEC Filing

Offering Period: October 10, 2012 – October 22, 2012
18-Month Callable Cert Plus Securities Linked to the S&P 500^® Index and the Russell^®2000 Index

Return Profile

•

18-month Callable Cert Plus Securities linked to the performance of the S&P 500^® Index and Russell 2000^® Index.

•

If the Final Level of the Lowest Performing Underlying is greater than its Initial Level, the investor will be entitled to receive the Fixed Payment Percentage.

•

If the Final Level of the Lowest Performing Underlying is less than or equal to the Initial Level but a Knock-In Event does not occur, the investor will be entitled to receive the principal amount at maturity.

•

If the Final Level of the Lowest Performing Underlying is less than or equal to the Initial Level and a Knock-In Event occurs, the investor will lose 1% for every 1% decline in the Underlying.

•

Early Redemption at the option of the Issuer approximately 9 months before Maturity; upon Early Redemption, the investor will be entitled to receive 100% of their principal amount plus the Call Return of 7.50% (to be determined on the Trade Date).

•

Any payment on the securities is subject to our ability to pay our obligations as they become due.

Terms & Knock-In Event

Issuer:	Credit Suisse, Nassau Branch
Trade Date:	Expected to be October 23, 2012
Settlement Date:	Expected to be October 26, 2012
Underlying:	The S&P 500^® Index and the Russell 2000^®Index.
Call Return:	Expected to be 7.50% (to be determined on Trade Date).
Early Redemption:	The Issuer may redeem the securities, in whole but not in part, on July 26, 2013 upon at least three business days’ notice. The redemption price per security upon Early Redemption will equal the principal amount of the securities multiplied by the sum of 1 plus the Call Return.
Redemption Amount:	Subject to Early Redemption, investors will be entitled to receive an amount in cash equal to the principal amount of the securities held multiplied by the sum of 1 plus the Underlying Return of the Lowest Performing Underlying.
Lowest Performing	The Underlying with the lowest Underlying
Underlying:	Return.
Fixed Payment
Percentage:	Expected to be between [14.00-16.00]% (to be determined on Trade Date)
Underlying Return:	For each Underlying, If (a) the Final Level of the Lowest Performing Underlying is greater than its Initial Level, then: the Fixed Payment Percentage; (b) if the Final Level of the Lowest Performing Underlying is less than or equal to its Initial Level and (i) a Knock-In Event occurs, then: (Final Level – Initial Level)/ Initial Level ; (ii) a Knock-In Event does not occur, then: zero.
Knock-In Level:	For each Underlying, approximately 70.0% of the Initial Level of such Underlying (to be determined on the Trade Date).
Knock-In Event:	A Knock-In Event occurs, if the Final Level of either Underlying is less than or equal to its Knock-In Level.
Initial Level:	For each Underlying, the closing level of the Underlying on the Trade Date.
Final Level:	For each Underlying, the closing level of the Underlying on the Valuation Date.
Valuation Date:	April 23, 2014
Maturity Date:	April 28, 2014
CUSIP:	22546TD40

Benefits

•

If the Underlying appreciates, offers a Fixed Payment Percentage of between[14.00-16.00]% (to be determined on the Trade Date) subject to Early Redemption.

•

Reduced downside risk due to a 30.0% contingent buffer.

Hypothetical Returns at Maturity


Percentage Change	Redemption Amount	Redemption
from the Initial Level	per $1,000 Principal	Amount per
to the Final Level of	Amount (Knock In	$1,000 Principal
the Lowest Performing	Event Does Not	Amount (Knock In
Underlying	Occur (1)(2)	Event Occurs (1)(2)
50%	$1,150	N/A
40%	$1,150	N/A
30%	$1,150	N/A
20%	$1,150	N/A
10%	$1,150	N/A
0%	$1,000	N/A
-10%	$1,000	N/A
-20%	$1,000	N/A
-25%	$1,000	N/A
-30%	N/A	$700
-40%	N/A	$600

(1)

Assumes a Fixed Payment Percentage of 15%, a Knock-In Level of 70.0% and that there is no Early Redemption.

(2)

The hypothetical Redemption Amounts set forth above are for illustrative purposes only and may not be the actual returns applicable to the investor. The numbers appearing in the table have been rounded for ease of analysis.

Product Risks

•

Investment may result in a loss of up to 100% of principal.

•

The securities do not pay interest.

•

The value of the securities and the payment of any amount due on the securities are subject to the credit risk of Credit Suisse.

•

If the securities are not redeemed early, the Redemption Amount will be based on the performance of the Lowest Performing Underlying.

•

Redemption Amount will be less than the principal amount if a Knock-In Event occurs, and in such case, the return will be based on the percentage change in the Lowest Performing Underlying.

•

The return on the securities is affected by the Knock-In Level and the occurrence of a Knock-In Event.

•

The securities are subject to Early Redemption, which will limit an investor’s ability to participate in any appreciation of the Underlying after Early Redemption.

(See “Additional Risk Considerations” below.)

Offering Period: October 10, 2012 – October 22, 2012
18-Month Callable Cert Plus Linked to S&P 500^® Index and the Russell 2000^®Index

The risks set forth in the section entitled “Product Risks” on the preceding page and this section “Additional Risk Considerations” are only intended as summaries of some of the risks relating to an investment in the securities. Prior to investing in the securities, you should, in particular, review the “Product Risks” and “Additional Risk Considerations” sections herein, the “Selected Risk Considerations” section in the pricing supplement and the “Risk Factors” section in the product supplement, which set forth risks related to an investment in the securities.

IRS Circular 230 Disclosure: Credit Suisse and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with Credit Suisse of any of the matters address herein or for the purpose of avoiding U.S. tax-related penalties.

Investment suitability must be determined individually for each investor, and the financial instruments described herein may not be suitable for all investors. The products described herein should generally be held to maturity as early sales could result in lower than anticipated returns. This information is not intended to provide and should not be relied upon as providing accounting, legal, regulatory or tax advice. Investors should consult with their own advisors as to these matters.

This material is not a product of Credit Suisse Research Departments. Financial Products may involve a high degree of risk, and may be appropriate investments only for sophisticated investors who are capable of understanding and assuming the risks involved. Credit Suisse and its affiliates may have positions (long or short), effect transactions or make markets in securities or financial instruments mentioned herein (or options with respect thereto), or provide advice or loans to, or participate in the underwriting or restructuring of the obligations, issuers of the stocks comprising the applicable index, indices or fund mentioned herein. Credit Suisse is a member of FINRA, NYSE and SIPC. Clients should contact their salespersons at, and execute transactions through, a Credit Suisse entity qualified in their home jurisdiction unless governing law permits otherwise.

You may revoke your offer to purchase the securities at any time prior to the time at which we accept such offer on the date the securities are priced. We reserve the right to change the terms of, or reject any offer to purchase the securities prior to their issuance. In the event of any changes to the terms of the securities, we will notify you and you will be asked to accept such changes in connection with your purchase. You may also choose to reject such changes in which case we may reject your offer to purchase.

This document is a summary of the terms of the securities and factors that you should consider before deciding to invest in the securities. Credit Suisse has filed a registration statement (including pricing supplement, underlying supplement, product supplement, prospectus supplement and prospectus) with the Securities and Exchange Commission, or SEC, for the offering to which this offering summary relates. Before you invest, you should read this summary together with the Preliminary Pricing Supplement dated October 10, 2012, Underlying Supplement dated March 23, 2012, Product Supplement No. T-I dated March 23. 2012, Prospectus Supplement dated March 23, 2012, and Prospectus dated March 23, 2012, to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the securities. You may get these documents without cost by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, Credit Suisse, any agent or any dealer participating in this offering will arrange to send you the pricing supplement, underlying supplement, product supplement, prospectus supplement and prospectus if you so request by calling toll-free 1 (800) 221-1037.

You may access the underlying supplement, product supplement, prospectus supplement and prospectus on the SEC website at www.sec.gov or by clicking on the hyperlinks to each of the respective documents incorporated by reference in the pricing supplement.


Horizon (years)	18-Month
Principal Repayment	Principal at Risk
Investment Objective	Appreciation
Market Outlook	Bullish