Media Release Press Release
Credit Suisse Announces Coupon Amount on its Credit Suisse S&P MLP Index ETN (ticker symbol "MLPO").
|ETN Ticker||ETN Name||Ex-Date||Record Date||Coupon Payment
|Coupon Amount per ETN||Coupon Frequency||Current Yield*†|
|MLPO||Credit Suisse S&P MLP Index ETN||7/10/2020||7/13/2020||7/21/2020||
* The "Current Yield" equals the current quarterly Coupon Amount, annualized and divided by the Closing Indicative Value of the ETN on June 30, 2020.
† The Current Yield, which is based on the ETN's Coupon Amount, is not indicative of future quarterly Coupon Amounts, if any, on the ETNs. The quarterly Coupon Amount (if any) is variable and dependent on the most recent distributions of the MLPs included in the index, and such amount does not represent a fixed periodic interest payment. There can be no assurance that the MLPs included in the index will make any distributions in any future period. Any payment on the ETN is subject to Credit Suisse's ability to pay its obligations as they become due. For more information regarding the ETN's coupon payments, please refer to the ETN's pricing supplement.
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. Investors will not have any partnership interests or other rights in the MLPs included in the index. Coupon Amounts on the ETNs will vary and could be zero. 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.