Corporate Press Release
Credit Suisse Announces May Monthly Coupon Payments of $0.0572 per ETN on its Gold Shares Covered Call ETN (ticker symbol “GLDI”) and $0.1721 per ETN on its Silver Shares Covered Call ETN (ticker symbol “SLVO”)
The Coupon Payments represent a current yield of 3.96% per annum on the GLDI ETN and a current yield of 10.17% per annum on the SLVO ETN. The “current yield” equals the current monthly Coupon Payment annualized and divided by the closing price of the applicable ETN on May 10, 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.
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