New York, January 6, 2023 /PR Newswire/ —
upon January 5, 2023Credit Suisse has declared the coupon amount of the Credit Suisse S&P MLP Index ETN (“ETN”).
|
ETNs |
ETN name |
ex-rights date |
record date |
coupon Payment date |
Coupon amount |
coupon |
Current Yield*† |
|
MLPOs |
Credit Suisse S&P |
1/12/23 |
1/13/23 |
23/1/24 |
$0.2186 |
Quarterly |
6.91% |
|
* “Current Yield” is the annualized coupon amount for the current quarter divided by the ETN closing price on December 30, 2022. |
|
† Current yields based on ETN coupon amounts are not indicative of future ETN quarterly coupon amounts. Quarterly coupon amounts (if any) are variable and dependent on the current distribution of MLPs included in the index, and such amounts do not represent fixed periodic interest payments. There is no guarantee that the MLPs included in the Index will be distributed in future periods. ETN payments are subject to Credit Suisse’s ability to pay its obligations when due. For more information on ETN Coupon Payments, please refer to the ETN Pricing Supplement. |
press contact
Andre RosenblattCredit Suisse, andre.rosenblatt@credit-suisse.com
Credit Suisse ETN
Phone +1 800 320 1225, ETN.Desk@credit–suisse.com
ETNs are not suitable for all investors and should only be purchased by knowledgeable investors who understand the potential consequences of investing in ETNs. ETNs are exposed to Credit Suisse’s credit risk. Upon maturity or repurchase or sale, you may receive less or significantly less than the principal amount of your investment. Investors have no partnership rights or other rights in the MLPs included in the Index. Coupon amounts for ETNs fluctuate and may even be zero. Investing in ETNs involves significant risk. For more information regarding risks, please refer to the section entitled “Risk Factors” of the applicable Price Supplement.
credit suisse
Credit Suisse is one of the world’s leading financial services providers. The bank’s strategy is based on its core strengths: its position as a leading wealth manager, its professional investment banking and wealth management capabilities, and its strong presence in its home market. SwitzerlandCredit Suisse seeks to follow a balanced wealth management approach with the aim of capitalizing on both the large asset pool in mature markets and the significant growth in assets in mature markets. Asia Pacific and other emerging markets, as well as serving major developed markets, SwitzerlandThe bank employs over 50,000 people. The registered shares (CSGN) of Credit Suisse Group AG are Switzerland and in the form of American Depositary Shares (CS), New YorkFor more information about Credit Suisse, please visit www.credit-suisse.com.
Disclaimer
This document has been prepared by Credit Suisse and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. It is for informational purposes only and is designed for use by the recipient. This does not constitute an offer or invitation to buy or sell securities by or on behalf of Credit Suisse to any person. References to past performance are not necessarily a guide to the future. The information and analysis contained in this publication has been compiled or provided by sources believed to be reliable, but Credit Suisse makes no representations as to its accuracy or completeness and shall not be liable for any damages arising out of its use. We are also not responsible for
Credit Suisse has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (SEC) regarding the offering relating to this press release. PLEASE READ THE APPLICABLE PRICE SUPPLEMENT, PROSPECTUS SUPPLEMENT BEFORE INVESTING. June 18, 2020and prospectus date June 18, 2020 Credit Suisse has filed with the SEC seeking more complete information about Credit Suisse and this offering. These documents are available free of charge by visiting EDGAR on the SEC website at www.sec.gov or by clicking on the hyperlink below.
price supplement date November 92020:
https://www.sec.gov/Archives/edgar/data/1053092/000089109220012081/e11689-424b2.htm
or Credit Suisse, Credit Suisse Securities (united states of america) LLC or its agents or dealers participating in this offering will send you the applicable pricing addendum, prospectus addendum, and prospectus if you request by calling 1-800-320-1225 I will arrange
This document has been prepared by Credit Suisse and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change.
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