Corporate Press Release

Press Release

Credit Suisse Group (Guernsey) II Limited to redeem an aggregate of CHF 5.9 billion of high-trigger tier 1 capital instruments

 

Credit Suisse Group (Guernsey) II Limited has called its CHF 2.5 billion 9.0%, USD 1.72 billion 9.5% and USD 1.725 billion 9.5% high-trigger tier 1 capital instruments for redemption on the first optional redemption date of the instruments, October 23, 2018. These redemptions are part of our capital and funding plan for 2018, which also includes the recent issuance of a USD 2 billion high-trigger tier 1 capital instrument in July and the pricing of a CHF 300 million high-trigger tier 1 capital instrument in August that is expected to settle on September 4.