FWP 1 a08-15412_5fwp.htm FWP

 

Preliminary Issuer Free Writing Prospectus

Filed Pursuant to Rule 433

Registration No. 333-132936-14

CREDIT SUISSE

Buffered Accelerated Return Equity Securities (BARES) due July 7, 2009

Linked to the Performance of a Basket of Equity Indices and a Fund

May 29, 2008

 

Issuer:

Credit Suisse, acting through its Nassau Branch

CUSIP:

22546EBT0

Principal Amount:

$2,280,000

Reference Basket:

Reference Indices and Fund

Initial Fixing Price

Weighting

 

S&P 500 Index

1398.26

50%

 

Russell 2000 Index

745.55

30%

 

Financial Select Sector SPDR®
Fund

25.08

20%

Interest:

The securities will not pay interest.

Trade Date:

May 29, 2008

Issue Date:

June 5, 20081

Valuation Date:

June 29, 2009, subject to postponement if a market disruption event occurs on that date.

Maturity Date:

July 7, 2009, subject to postponement if a market disruption event exists on the valuation date.

Offering Price:

$1,000 per security (100%)

Initial Level:

For each reference index or fund, the closing level of that reference index or fund on the trade date.

Final Level:

The closing level of the basket on the valuation date.

Redemption Amount:

For each security, cash at maturity equal to the principal amount multiplied by the sum of 1 plus the basket return, calculated as follows:

 

·

If the final basket level is greater than or equal to the initial basket level, then the basket return will equal 15.30%.

 

·

If the final basket level is less than the initial basket level but greater than or equal to 90% of the initial basket level, then the basket return will be zero.

 

·

If the final basket level is less than 90% of the initial basket level, then investors will lose 1 for 1 for every 1% decline below 90% of the initial basket level. In this case, the redemption amount will be less than the principal amount.

Calculation Agent:

Credit Suisse International

Selling Commission:

0.30%

Form and Denomination:

Registered medium-term notes in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof.

Listing:

None.

 

1 Because the securities will not settle on June 3, 2008, purchasers who wish to trade the securities on the date hereof or the next business days will be required to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement and should consult their own investment advisor.

Credit Suisse has filed a registration statement (including product supplement, prospectus supplement and prospectus) with the Securities and Exchange Commission, or SEC, for the offering to which this communication relates.  Before you invest, you should read this communication together with the product supplement dated March 25, 2008, prospectus supplement dated March 24, 2008 and prospectus dated March 29, 2007 to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the securities.  You should, in particular, review the “Risk Factors” sections of the product supplement and prospectus supplement, which set forth a number of risks related to the securities. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, Credit Suisse will arrange to send you the product supplement, prospectus supplement and prospectus if you so request by calling toll free 1-800-221-1037.