Credit Suisse Announces Coupon Amount on its Credit Suisse S&P MLP Index ETN (ticker symbol "MLPO").

Jan 06, 2016, 08:00 ET from Credit Suisse AG

NEW YORK, Jan. 6, 2016 /PRNewswire/ --

  • On January 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

1/12/2016

1/14/2016

1/25/2016

$0.2902

Quarterly

7.75%

* The "Current Yield" equals the current quarterly Coupon Amount annualized and divided by the Closing Indicative Value of the ETN on December 31, 2015.

** 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 48,100 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 May 4, 2015:
http://www.sec.gov/Archives/edgar/data/1053092/000089109215003887/e63979_424b2.htm

Pricing Supplement Addendum dated July 1, 2015: 
http://www.sec.gov/Archives/edgar/data/1053092/000089109215005983/e64990_424b2.htm

Alternatively, Credit Suisse 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



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