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Credit Suisse Announces July Monthly Coupon Payments Of $0.1717 Per ETN On Its Gold Shares Covered Call ETN (ticker Symbol "GLDI") And $0.2497 Per ETN On Its Silver Shares Covered Call ETN (ticker Symbol "SLVO")
July 16, 2013/PRNewswire/ -- On July 15, 2013, Credit Suisse declared $0.1717 per ETN monthly Coupon Payment for the Gold Shares Covered Call ETN (the "GLDI ETN") and declared $0.2497 per ETN monthly Coupon Payment for the Silver Shares Covered Call ETN (the "SLVO ETN"). The respective Coupon Payments are payable on July 25, 2013 to holders of record on July 22, 2013. The ex-dividend date is July 18, 2013.
(Logo: http://photos.prnewswire.com/prnh/20091204/CSLOGO )The Coupon Payments represent a current yield of approximately 13.34% per annum on the GLDI ETN and a current yield of approximately 17.62% per annum on the SLVO ETN. The "current yield" equals the current monthly Coupon Payment annualized and divided by the Closing Indicative Value of the applicable ETN on July 12, 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. For more information on the Credit Suisse suite of ETN offerings, please visit: www.credit-suisse.com/etn. Credit Suisse AG
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March 23, 2012 and the prospectus dated
March 23, 2012 that Credit Suisse has filed with the SEC for more complete information about Credit Suisse and this offering. You may obtain these documents without cost by visiting EDGAR on the SEC website at
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This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change.