NEW YORK, Jan. 9, 2018 /PRNewswire/ -- On January 3, 2018, Credit Suisse declared a Coupon
Amount for the Credit Suisse S&P MLP Index ETN (the "ETN").
ETN
Ticker
|
ETN
Name
|
Ex-Date
|
Record
Date
|
Coupon
Payment
Date
|
Coupon Amount per
ETN
|
Coupon
Frequency
|
Current
Yield*†
|
MLPO
|
Credit Suisse S&P
MLP Index ETN
|
1/11/18
|
1/12/18
|
1/23/18
|
$0.2405
|
Quarterly
|
6.51%
|
* The "Current Yield" equals the current quarterly Coupon
Amount, annualized and divided by the Closing Indicative Value of
the ETN on December 29,
2017.
† 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.
Press Contact
Nicole Sharp, Credit Suisse AG, telephone +1 212
325 8708, nicole.sharp@credit-suisse.com
Azar Boehm, Credit Suisse AG,
telephone +1 212 538 3953, azar.boehm@credit-suisse.com
Credit Suisse ETNs
Telephone +1 800
320 1225, ETN.Desk@credit–suisse.com
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 offers
clients its combined expertise in the areas of private banking,
investment banking and asset management. Credit Suisse provides
advisory services, comprehensive solutions and innovative products
to companies, institutional clients and high-net-worth private
clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in
Zurich and operates in over 50
countries worldwide. The group employs approximately 46,720 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 June 30, 2017, and the Prospectus dated
June 30, 2017 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 hyperlink below:
Pricing Supplement dated June 30,
2017:
https://www.sec.gov/Archives/edgar/data/1053092/000089109217004787/e74706_424b2.htm
Alternatively, Credit Suisse, Credit Suisse Securities
(USA) LLC 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 1-800-320-1225.
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 © 2018, CREDIT SUISSE GROUP AG and/or its
affiliates. All rights reserved.
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SOURCE Credit Suisse AG