NEW
YORK, July 6,
2016 /PRNewswire/ --
- On July 5, 2016,
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
|
7/12/16
|
7/14/16
|
7/22/16
|
$0.2490
|
Quarterly
|
6.09%
|
* The "Current Yield" equals the current quarterly
Coupon Amount annualized and divided by the Closing Indicative
Value of the ETN on June 30,
2016.
+ 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 47,760 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 June 2,
2016:
http://www.sec.gov/Archives/edgar/data/1053092/000089109216015288/e70028_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 © 2016, CREDIT SUISSE GROUP AG and/or its
affiliates. All rights reserved.
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SOURCE Credit Suisse AG