Corporate Press Release

Press Release

Credit Suisse Announces Coupon Payments and Expected Coupon Payments on the "ETNs"

Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links Exchange Traded Notes (the "ETNs")

 On November 3, 2016, Credit Suisse declared coupon payments for the following ETNs:

On November 3, 2016, Credit Suisse declared coupon payments for the following ETNs

ETN Ticker ETN Name Closing Indicative Value on 10/31/16 Ex-Date Record Date Coupon Payment Date Coupon Amount Coupon Frequency Current Yield1
REML Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN $25.9688 11/9/16

11/14/16

11/22/16

$0.1485

Monthly

20.78%2

AMJL Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN $24.4535 11/9/16 11/14/16 11/22/16

$0.4177

Monthly 15.64%2
MLTI Credit Suisse X-Links Multi-Asset High Income ETN

$27.2297

11/9/16 11/14/16 11/22/16

$0.0823

Monthly 6.19%2

On November 4, 2016, Credit Suisse announced expected coupon payments for the following ETNs:  

ETN Ticker ETN Name Closing Indicative Value on 10/31/16 Ex-Date Record Date Coupon Payment Date Coupon Amount3 Coupon Frequency Current Yield4

GLDI

Credit Suisse X-Links Gold Shares Covered Call ETN

$9.9351

11/17/16

11/21/16

11/25/16

$0.0600

Monthly

9.53%

SLVO Credit Suisse X-Links Silver Shares Covered Call ETN

$9.2301

11/17/16 11/21/16 11/25/16

$0.0614

Monthly 12.64%

1.  For each ETN, the Current Yield equals the Coupon Amount, annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Current Yield is not indicative of future coupon payments, if any, on the ETNs. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Coupon Amount may vary significantly from coupon period to coupon period and may be zero. Any payment on the ETNs is subject to Credit Suisse’s ability to pay its obligations as they become due. Accordingly, the Current Yield will change over time, and such change may be significant. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement.

2.  The Current Yield for the ETN equals the sum of (i) the Coupon Amount plus (ii) the amount of the ETN‘s two most recent coupon payments, multiplied by four (to annualize such amounts), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis.

3.  On October 17, 2016, the Credit Suisse NASDAQ Gold FLOWS 103 Index and the Credit Suisse NASDAQ Silver FLOWS 106 Index (the "Indices") concluded the notional sale of options on GLD shares and SLV shares with November 2016 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on November 14, 2016, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI and SLVO, and that the notional cash distribution is withdrawn from the Indices on November 14, 2016, we expect to declare a Coupon Amount for GLDI and SLVO, respectively, equal to the corresponding Expected Coupon Amount. The Expected Coupon Amount is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.

4.  For each ETN, the Expected Current Yield equals the Expected Coupon Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield is not indicative of future coupon payments, if any, on the ETNs. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount may vary significantly from coupon period to coupon period and may be zero. Any payment on the ETNs is subject to Credit Suisse’s ability to pay its obligations as they become due. Accordingly, the Expected Current Yield will change over time, and such change may be significant. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement. For each ETN, the Expected Current Yield equals the sum of (i) the Expected Coupon Amount plus (ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such amounts), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.

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. Coupon payments on the ETNs will vary and could be zero. There is no actual portfolio of assets in which any investor in the ETNs has any ownership or other interest. Investors in the ETNs do not have voting rights, distribution rights or other rights with respect to the assets included in the tracked indices. 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.