NEW YORK, Nov. 21, 2016 /PRNewswire/ -- On November 16, 2016, Credit Suisse declared a
Coupon Payment for the Credit Suisse X-Links Cushing®
MLP Infrastructure ETN ("the ETN").
ETN
Ticker
|
ETN
Name
|
Ex-Date
|
Record
Date
|
Payment
Date
|
Coupon
Payment
|
Coupon
Frequency
|
Current
Yield*†
|
MLPN
|
Credit Suisse X-
Links Cushing® MLP
Infrastructure ETN
|
11/25/2016
|
11/29/2016
|
12/2/2016
|
$0.3417
|
Quarterly
|
6.43%
|
* The "Current Yield" equals the current quarterly Coupon
Payment annualized and divided by the Closing Indicative Value of
the ETN on the Coupon Valuation Date, November 15, 2016.
† 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 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 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
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