Credit Suisse Announces July Monthly Coupon Payments of $0.1717 per ETN on its
Gold Shares Covered Call ETN (ticker symbol "GLDI") and $0.2497 per ETN on its
Silver Shares Covered Call ETN (ticker symbol "SLVO")
NEW YORK, July 16, 2013
NEW YORK, July 16, 2013 /PRNewswire/ -- On July 15, 2013, Credit Suisse
declared $0.1717 per ETN monthly Coupon Payment for the Gold Shares Covered
Call ETN (the "GLDI ETN") and declared $0.2497 per ETN monthly Coupon Payment
for the Silver Shares Covered Call ETN (the "SLVO ETN"). The respective Coupon
Payments are payable on July 25, 2013 to holders of record on July 22, 2013.
The ex-dividend date is July 18, 2013.
(Logo: http://photos.prnewswire.com/prnh/20091204/CSLOGO )
The Coupon Payments represent a current yield of approximately 13.34% per
annum on the GLDI ETN and a current yield of approximately 17.62% per annum on
the SLVO ETN. The "current yield" equals the current monthly Coupon Payment
annualized and divided by the Closing Indicative Value of the applicable ETN
on July 12, 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
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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: Drew Benson, Credit Suisse, telephone +1 212-325-0932,
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