NEW YORK, April 23, 2019 /PRNewswire/ -- Credit
Suisse AG ("Credit Suisse") announced today that it will extend the
Maturity Date of the FLGE ETNs (details in table below):
ETN
Name*
|
Exchange
|
Exchange
Ticker**
|
CUSIP**
|
Initially
Scheduled Maturity Date
|
Extended Maturity
Date
|
Credit Suisse FI
Large Cap Growth Enhanced Exchange Traded Notes
|
NYSE Arca
|
FLGE
|
22542D423
|
6/13/2019
|
6/13/2024
|
*The table above provides a hyperlink to the current FLGE
pricing supplement.
**The CUSIP and Exchange Ticker for the FLGE ETNs are
unchanged.
On April 23, 2019, Credit Suisse,
at its option and in accordance with the terms of the FLGE ETNs,
extended the maturity date of the FLGE ETNs by five years from
their initially scheduled maturity date, June 13, 2019. The extended scheduled maturity
date of the FLGE ETNs is June 13,
2024 (the "Extended Maturity Date") and the final valuation
date is the third scheduled business day prior to the Extended
Maturity Date. Subject to the conditions and limitations detailed
in the FLGE pricing supplement, holders of the FLGE ETNs may
continue to offer at least the applicable minimum number of the
FLGE ETNs for early redemption. Please refer to the FLGE pricing
supplement for detailed information relating to the maturity date
and its extension, as well as early redemptions.
This announcement relates only to the FLGE ETNs. None of the
other ETNs offered by Credit Suisse are affected by this
announcement. All dates referenced above are subject to change,
including postponement due to certain events.
Press Contacts
Karina
Byrne, Credit Suisse AG, telephone +1 212 538 8361,
karina.byrne@credit-suisse.com
Credit Suisse ETNs
Telephone +1 800 320 1225,
ETN.Desk@credit-suisse.com
Credit Suisse AG
Credit Suisse AG is one of the
world's leading financial services providers and is part of the
Credit Suisse group of companies (referred to here as 'Credit
Suisse'). Our strategy builds on Credit Suisse's core strengths:
its position as a leading wealth manager, its specialist investment
banking capabilities and its strong presence in our home market of
Switzerland. We seek to follow a
balanced approach to wealth management, aiming to capitalize on
both the large pool of wealth within mature markets as well as the
significant growth in wealth in Asia
Pacific and other emerging markets, while also serving key
developed markets with an emphasis on Switzerland. Credit Suisse employs
approximately 45,680 people. The registered shares (CSGN) of Credit
Suisse AG's parent company, Credit Suisse Group AG, are listed in
Switzerland and, in the form of
American Depositary Shares (CS), in New
York. Further information about Credit Suisse can be found
at www.credit-suisse.com.
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SOURCE Credit Suisse AG