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Credit Suisse AG Announces the Reverse Splits of its UWTI and UGAZ ETNs

Credit Suisse AG announced today that it will implement a 1-for-10 reverse split of its VelocityShares™ 3x Long Crude Oil ETN (“UWTI”) and a 1-for-25 reverse split of its VelocityShares™ 3x Long Natural Gas ETN (“UGAZ”), each expected to be effective as of March 14, 2016.
New York

Nicole Sharp, telephone: +1 212 325 8708

Azar Boehm, telephone: +1 212 538 3953

Credit Suisse ETNs, telephone: +1 212 538 7333

 

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