NEW YORK, Jan. 5, 2017 /PRNewswire/ -- On January 3, 2017, 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
|
Coupon
Frequency
|
Current
Yield*†
|
MLPO
|
Credit Suisse S&P
MLP Index ETN
|
1/11/17
|
1/13/17
|
1/24/17
|
$0.2449
|
Quarterly
|
5.85%
|
* The "Current Yield" equals the current quarterly Coupon
Amount, annualized and divided by the Closing Indicative Value of
the ETN on December 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 47,690 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 © 2017, CREDIT SUISSE GROUP AG and/or its affiliates. All
rights reserved.
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SOURCE Credit Suisse AG