NEW
YORK , May
21, 2015 /PRNewswire/ --
- On May 20, 2015, Credit
Suisse declared a Coupon Payment for the Credit Suisse X-Links
Cushing® MLP Infrastructure 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
|
Payment Date
|
Coupon Payment
|
Coupon Frequency
|
Current Yield*†
|
MLPN
|
Equal Weight MLP
Index ETN
|
5/27/2015
|
5/29/2015
|
6/8/2015
|
$0.3591
|
Quarterly
|
4.54%
|
* The "Current Yield" equals the current quarterly Coupon
Payment annualized and divided by the Closing Indicative Value of
the ETN on May 20, 2015.
† The Current Yield is not indicative of future quarterly
Coupon Payments, if any, on the ETNs. The quarterly Coupon Payment
(if any) is variable and dependent on the most recent distributions
of the MLPs included in the index, and such payment 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 payments 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 is able to
offer clients its expertise in the areas of private banking,
investment banking and asset management from a single source.
Credit Suisse provides specialist advisory services, comprehensive
solutions and innovative products to companies, institutional
clients and high net worth private clients worldwide, and also to
retail clients in Switzerland.
Credit Suisse is headquartered in Zurich and operates in over 50 countries
worldwide. The group employs approximately 46,400 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 Prospectus dated May 4, 2015 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, including the Prospectus dated May 4, 2015 and Prospectus Supplement dated
May 4, 2015:
https://notes.credit-suisse.com/csfbnoteslogin/etn/prospectus.asp?Ticker=MLPN
Pricing Supplement Addendum:
https://notes.credit-suisse.com/csfbnoteslogin/etn/addendum.asp?Ticker=MLPN
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