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
07/03/201518:30:28New Credit Suisse CEO Reins in Hopes for a Quick Fix
07/02/201516:44:38Brazil Antitrust Agency Investigating Banks for Suspected Rate...
07/02/201512:10:10Brazil Antitrust Agency Investigating Banks for Suspected Rate...
07/02/201512:01:02Brazil Antitrust Agency Investigating Banks for Suspected Rate...
07/02/201511:57:22Brazil Antitrust Agency Investigating Banks for Suspected Rate...
07/02/201509:00:00Credit Suisse Liquid Alternative Beta ("LAB") Index Down 2.05...
07/01/201503:00:04Airports Commission Backs Third Heathrow Runway
06/23/201507:57:00AXA Equitable and SRS Acquiom Create New Investment Strategy...
06/22/201511:45:00AXA is a Proud Gold Sponsor of the 2015 New York City Pride Festival
06/22/201508:00:00Credit Suisse Announces Coupon Payments on its Credit Suisse...
06/19/201520:05:00Credit Suisse AG Announces the Repurchase of its CSMN and CSMB...
06/18/201502:13:37Big Banks Continue Improving Capital Positions, Says Swiss National...
06/17/201512:40:00AXA Sponsors La French Touch Conference Promoting Digital Innovation...
06/17/201508:40:11Filed Sunrun IPO Plans Close to Emerging Publicly
06/17/201508:07:09Filed Sunrun IPO Plans Close to Emerging Publicly -- Source
06/16/201520:15:00Credit Suisse AG Announces the Reverse Split of its TVIX ETN
06/15/201516:46:00The LPGA Foundation and AXA Partner to Develop the Next Generation...
06/15/201512:58:00AXA Strategic Ventures Announces First US Investment
06/15/201510:30:00The Credit Suisse Hedge Fund Index finished up 0.83% in May
06/12/201516:36:00Credit Suisse Announces Expected June Coupon Payments on its...

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