Credit Suisse Announces May Monthly Coupon Payments of $0.1340 per ETN on its
Gold Shares Covered Call ETN (ticker symbol "GLDI") and $0.1830 per ETN on its
Silver Shares Covered Call ETN (ticker symbol "SLVO")
NEW YORK, June 17, 2013
NEW YORK, June 17, 2013 /PRNewswire/ --On June 17, 2013, Credit Suisse
declared $0.1340 per ETN monthly Coupon Payment for the Gold Shares Covered
Call ETN (the "GLDI ETN") and declared $0.1830 per ETN monthly Coupon Payment
for the Silver Shares Covered Call ETN (the "SLVO ETN"). The respective Coupon
Payments are payable on June 25, 2013 to holders of record on June 20, 2013.
The ex-dividend date is June 18, 2013.
The Coupon Payments represent a current yield of 9.60% per annum on the GLDI
ETN and a current yield of 11.67% per annum on the SLVO ETN. The "current
yield" equals the current monthly Coupon Payment annualized and divided by the
closing price of the applicable ETN on June 14, 2013.
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.
For more information on the Credit Suisse suite of ETN offerings, please
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 46,900 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 pricing
supplement dated January 28, 2013, 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. 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
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 © 2013, CREDIT SUISSE GROUP AG and/or its affiliates. All rights
SOURCE Credit Suisse AG
Contact: Katherine Herring, Credit Suisse, telephone +1 212-325-7545,
Press spacebar to pause and continue. Press esc to stop.