NEW YORK, April 7, 2015 /PRNewswire/ --
- On March 31, 2015, Credit
Suisse declared a Coupon Amount for the Credit Suisse S&P MLP
Index ETN ("the ETN"). Coupon details can be found in the table
below.
- The aforementioned ETN is listed on the NYSE
Arca.
ETN
Ticker
|
ETN
Name
|
Ex-Date
|
Record
Date
|
Coupon
Payment
Date
|
Coupon
Amount
|
Coupon
Frequency
|
Current
Yield*+
|
MLPO
|
Credit Suisse S&P
MLP Index ETN
|
4/9/2015
|
4/13/2015
|
4/21/2015
|
$0.2792
|
Quarterly
|
4.79%
|
|
* The "Current Yield"
equals the current quarterly Coupon Amount annualized and divided
by the Closing Indicative Value of the ETN on March 31,
2015.
|
|
+ The
Current Yield is not indicative of future quarterly Coupon Amounts,
if any, on the ETNs. The quarterly Coupon Amount (if any) is
variable and dependent on the most recent distributions of the MLPs
included in the index, and such amount does not represent a fixed
periodic interest payment. There can be no assurance that the
MLPs included in the index will make any distributions in any
future period.
|
The ETNs may not be suitable for all investors and should be
purchased only by knowledgeable investors who understand the
potential consequences of investing in the ETNs. The ETNs are
subject to the credit risk of Credit Suisse. You may receive less,
and possibly significantly less, than the principal amount of your
investment at maturity or upon repurchase or sale. Investors will
not have any partnership interests or other rights in the MLPs
included in the index. Coupon Amounts on the ETNs will vary and
could be zero. An investment in the ETNs involves significant
risks. For further information regarding risks, please see the
section entitled "Risk Factors" in the applicable pricing
supplement.
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'). As an integrated
bank, Credit Suisse is able to offer clients its expertise in the
areas of private banking, investment banking and asset management
from a single source. Credit Suisse provides specialist advisory
services, comprehensive solutions and innovative products to
companies, institutional clients and high net worth private clients
worldwide, and also to retail clients in Switzerland. Credit Suisse is headquartered in
Zurich and operates in over 50
countries worldwide. The group employs approximately 45,800 people.
The registered shares (CSGN) of Credit Suisse'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.
Credit Suisse has filed a registration statement (including a
prospectus) with the Securities and Exchange Commission, or SEC,
for the offering to which this press release relates. Before you
invest, you should read the applicable Pricing Supplement, the
Prospectus Supplement dated March 23,
2012, and the Prospectus as amended by the Post-Effective
Amendment to the Registration Statement filed on March 19, 2015 that Credit Suisse has filed with
the SEC for more complete information about Credit Suisse and this
offering. You may obtain these documents without cost by visiting
EDGAR on the SEC website at www.sec.gov or clicking the hyperlinks
below:
Pricing Supplement dated December 2,
2014:
http://www.sec.gov/Archives/edgar/data/1053092/000089109214009063/e61715_424b2.htm
Pricing Supplement Addendum dated March
19, 2015:
http://www.sec.gov/Archives/edgar/data/1053092/000089109215002358/e63387_424b2.htm
Alternatively, Credit Suisse or any agent or any dealer
participating in this offering will arrange to send you the
applicable pricing supplement, prospectus supplement and prospectus
if you so request by calling 1-800-221-1037.
This document was produced by and the opinions expressed are
those of Credit Suisse as of the date of writing and are subject to
change.
Copyright © 2015, CREDIT SUISSE GROUP AG and/or its affiliates.
All rights reserved.
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SOURCE Credit Suisse AG