Corporate 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 Date||Coupon Amount||Coupon Frequency||Current Yield1|
|MLPO||Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETNCredit Suisse S&P MLP Index ETN||7/12/16||7/14/16||7/22/16||$0.2490||Quarterly||6.09%|
* The “Current Yield” equals the current quarterly Coupon Amount annualized and divided by the Closing Indicative Value of the ETN on June 30, 2016.
† The Current Yield 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.
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.