By PR Newswire, February 26, 2013, 09:00:00 AM EDT
, Feb. 26, 2013 /PRNewswire/ -- On February 25, 2013, Credit Suisse declared $0.3447 per ETN as the amount of the quarterly Coupon Payment for its Cushing 30® MLP Index ETN (the "ETN"). The Coupon Payment is payable on March 11, 2013 to holders of record on March 1, 2013. The ex-dividend date is February 27, 2013.
This Coupon Payment represents a current yield of 5.05% per annum. The "current yield" equals the current quarterly Coupon Payment annualized and divided by the closing price of MLPN on February 22, 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 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 visit: www.credit-suisse.
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 47,400 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 March 23, 2012, 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 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 © 2013, CREDIT SUISSE GROUP AG and/or its affiliates. All rights reserved.
SOURCE Credit Suisse AG