NEW YORK,
Oct. 2, 2015 /PRNewswire/ --
- On October 2, 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
|
10/9/2015
|
10/14/2015
|
10/22/2015
|
$0.3024
|
Quarterly
|
7.40%
|
* The "Current Yield" equals the current quarterly Coupon
Amount annualized and divided by the Closing Indicative Value of
the ETN on September 30,
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 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 46,600 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 May 4, 2015, and the Prospectus dated
May 4, 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 May 4,
2015:
http://www.sec.gov/Archives/edgar/data/1053092/000089109215003887/e63979_424b2.htm
Pricing Supplement Addendum dated July 1,
2015:
http://www.sec.gov/Archives/edgar/data/1053092/000089109215005983/e64990_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 1-800-320-1225.
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 © 2015, CREDIT SUISSE GROUP AG and/or its
affiliates. All rights reserved.
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SOURCE Credit Suisse AG