ADVFN - Advanced Financial Network.
HOME» NYSE » C » CS Stock Price » CS Stock News

Credit Suisse Grp. Share News

 Credit Suisse Grp. Stock Price
CS Stock Price
 Credit Suisse Grp. Stock Chart
CS Stock Chart
 Credit Suisse Grp. Stock News
CS Stock News
 Credit Suisse Grp. Company Information
CS Company Information
 Credit Suisse Grp. Stock Trades
CS Stock Trades

Credit Suisse Places CHF3.8 Billion In 4% Convertible Securities

ZURICH -(Dow Jones)- Credit Suisse Group (CS) Wednesday said it placed 3.8 billion Swiss francs of 4% Subordinated Mandatory and Contingent Convertible Securities ("MACCS"), which are mandatorily convertible into 233.5 million shares at a conversion price of CHF16.29 per share on March 29, 2013. MAIN FACTS: - CHF1.9 billion of MACCS will be purchased directly by strategic and institutional investors, and CHF1.9 billion MACCS are being offered to shareholders of Credit Suisse Group AG by way of an offering of preferential subscription rights. - Strategic and institutional investors have entered into definitive agreements to purchase any MACCS not taken up by shareholders, thereby ensuring placement of the entire CHF3.8 billion of MACCS. - The MACCS are being issued by Credit Suisse Group (Guernsey) V Limited, and subject to a guarantee whereby Credit Suisse Group AG will agree to unconditionally and irrevocably guarantee all payments and, on a subordinated basis, the delivery of the shares in respect of the MACCS. -Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Credit Suisse Grp. (CS)
DateTimeHeadline
08/01/201411:49:10RoundTable Plans to Sell CorePharma for at Least $1 Billion
07/31/201406:30:05Credit Suisse Dragged Into Dark-Pools Trading Probe
07/22/201418:14:38ADR Shares End Higher; ARM Holdings, Deutsche Bank Shares Trade...
07/22/201413:13:16Credit Suisse to Exit Commodities Trading
07/22/201413:12:47EUROPE MARKETS: FTSE Hits 2-week High As Oil Shares Rise Across...
07/22/201413:03:18Markets Rise But Russia In Focus-- 2nd Update
07/22/201410:05:24EUROPE MARKETS: Oil Shares Drive Higher In Europe; Publicis Slides
07/22/201407:18:11Credit Suisse Posts Loss After US Settlement -- 2nd Update
07/22/201406:41:02EUROPE MARKETS: Oil Shares, ARM Drive Gains In European Markets
07/22/201406:22:58Markets Rise But Russia In Focus--Update
07/22/201404:40:43EUROPE MARKETS: ARM Helps Flex Gains For European Markets
07/18/201418:53:04Credit Suisse Group 2Q 2014 -- Forecast
07/14/201420:06:32Citigroup Reaches $7 Billion Pact to Resolve Mortgage Probe...
07/14/201414:32:46Citi in $7 Billion Pact to Resolve Mortgage Probe -- 2nd Update
07/07/201414:00:26Pershing Proposes Six Directors for Allergan Board
07/01/201414:39:11Pershing Square Hires Credit Suisse as Banker in Allergan Campaign...
06/19/201403:09:46Swiss Banks Urged by SNB to Boost Capital
06/17/201415:11:31Ecuador Selling $2 Billion of Bonds
06/13/201413:09:33Ecuador Aims to Issue 10-Year 8% US Dollar Bond
06/09/201405:55:10Ecuador Prepares to Return to Bond Market

Credit Suisse Grp. and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad