NEW
YORK, Oct. 4, 2023 /PRNewswire/ -- On
October 2, 2023, 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
|
10/12/23
|
10/13/23
|
10/23/23
|
$0.2355
|
Quarterly
|
6.65 %
|
* The "Current Yield" equals the current quarterly Coupon
Amount, annualized and divided by the Closing Indicative Value of
the ETN on September 29,
2023.
† The Current Yield, which is based on the ETN's Coupon
Amount, 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. Any payment on the ETN is subject to Credit Suisse's
ability to pay its obligations as they become due. For more
information regarding the ETN's coupon payments, please refer to
the ETN's pricing supplement.
Press Contact
Vanita
Sehgal, Credit Suisse,
vanita.sehgal@credit-suisse.com
Credit Suisse ETNs
Telephone: +1 800 320 1225;
Email:
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.
Disclaimer
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. It has been prepared
solely for information purposes and for the use of the recipient.
It does not constitute an offer or an invitation by or on behalf of
Credit Suisse to any person to buy or sell any
security. Any reference to past performance is not necessarily a
guide to the future. The information and analysis contained in this
publication have been compiled or arrived at from sources believed
to be reliable but Credit Suisse does not make any
representation as to their accuracy or completeness and does not
accept liability for any loss arising from the use
hereof.
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 26,
2023, and the Prospectus dated June
26, 2023 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 28,
2023:
sec.gov/Archives/edgar/data/1053092/000121390023052539/ea156988_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 © 2023, CREDIT SUISSE GROUP AG and/or its affiliates.
All rights reserved.
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SOURCE Credit Suisse AG