Credit Suisse Announces Quarterly Coupon Payment of $0.3225 per ETN on its
Credit Suisse Equal Weight MLP Index ETN (ticker symbol "MLPN")
NEW YORK, Aug. 23, 2013
NEW YORK, Aug.23, 2013 /PRNewswire/ -- On August 22, 2013, Credit Suisse
declared $0.3225 per ETN as the amount of the quarterly Coupon Payment for its
Credit Suisse Equal Weight MLP Index ETN (the "ETN"). The Coupon Payment is
payable on September 6, 2013 to holders of record on August 28, 2013. The
ex-dividend date is August 26, 2013.
This Coupon Payment represents a current yield of 4.43% per annum.The
"current yield" equals the current quarterly Coupon Payment annualized and
divided by the closing indicative value of MLPN on August 21, 2013.
The current yield is not indicative of future quarterly Coupon Payments, if
any, on the ETNs. The current Coupon Payment reflects only the most recent
quarterly distributions of the MLPs included in the index. There can be no
assurance that the MLPs included in the index will make any distributions in
the next or any future period.
The ETN 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 ETN is subject to the credit risk of Credit Suisse AG. 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. Quarterly coupon payments on the ETNs will vary and could be zero. An
investment in the ETN involves significant risks. For further information
regarding risks, please see the section entitled "Risk Factors" in the pricing
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 46,300 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 August 14, 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,
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