Financial News Press Release

Press Release

Credit Suisse Group to redeem US$1.5 billion of Additional Tier 1 instrument

Credit Suisse Group has called its US$1.5 billion 7.125% high-trigger tier 1 capital instrument for redemption on the first optional redemption date of the instrument, July 29, 2022. This redemption is part of our capital and funding plan for 2022, which also includes the plan to issue approximately CHF 0-2 billion in high-trigger tier 1 capital instruments this year.