Credit Suisse was a global investment bank and financial services company headquartered in Zurich, Switzerland, that was acquired by UBS in March 2023 following a significant financial crisis.
This financial instrument, a bond identified by ISIN US22546VNC62 and CUSIP 22546VNC6, was issued by the Switzerland-based global financial services conglomerate, Credit Suisse, a prominent entity in the international banking sector. Denominated in USD, this specific obligation was characterized by a 0% interest rate and an original total issuance size of $1,000,000, with a minimum acquisition threshold of $1,000. Although structured with a payment frequency of two (semi-annually), its zero-interest nature meant no periodic coupon disbursements. The bond officially reached its scheduled maturity on October 10, 2022, and was subsequently repaid at its par value of 100%, confirming its full redemption.
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