NEW YORK,
Dec. 17, 2014
/PRNewswire/ --
ETN
Ticker
|
ETN
Name
|
Ex-Date
|
Record
Date
|
Payment
Date
|
Coupon
Payment
|
Coupon
Frequency
|
Current
Yield*†
|
GLDI
|
Gold Shares Covered
Call ETN
|
12/18/2014
|
12/22/2014
|
12/29/2014
|
$0.2317
|
Monthly
|
22.72%
|
SLVO
|
Silver Shares Covered
Call ETN
|
12/18/2014
|
12/22/2014
|
12/29/2014
|
$ 0.2054
|
Monthly
|
21.08%
|
|
* The "Current Yield"
equals the current monthly Coupon Payment annualized and divided by
the Closing Indicative Value of the applicable ETN on December 15,
2014.
|
|
† The "Current Yield"
is not indicative of future monthly Coupon Payments, if any, on the
ETNs. The monthly Coupon Payments (if any) are variable and
dependent on the premium generated by the notional sale of options
on the GLD shares or the SLV shares, as applicable, and such
payments do not represent fixed periodic interest
payments.
|
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. The ETNs are not
linked to, and investors have no rights to any physical commodity.
Coupon payments on the ETNs will vary and could be zero. Variable
monthly coupon payments are generated from selling covered calls,
which limits upside participation. There is no actual
portfolio of assets in which any investor in the ETNs has any
ownership or other interest. 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 45,500 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 March 23,
2012 and the prospectus dated March
23, 2012 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:
GLDI:
Pricing Supplement dated January 28,
2013:
http://www.sec.gov/Archives/edgar/data/1053092/000089109213000653/e51690_424b2.htm
Pricing Supplement Addendum dated June 10,
2014:
http://www.sec.gov/Archives/edgar/data/1053092/000089109214004537/e59256_424b2.htm
SLVO:
Pricing Supplement dated April 16.
2013:
http://www.sec.gov/Archives/edgar/data/1053092/000089109213003364/e53194_424b2.htm
Pricing Supplement Addendum dated September
12, 2014:
https://www.sec.gov/Archives/edgar/data/1053092/000089109214006881/e60525_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 1-800-221-1037.
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 © 2014, CREDIT SUISSE GROUP AG and/or its affiliates.
All rights reserved.
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SOURCE Credit Suisse AG