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.
The Credit Suisse bond, identified by ISIN US22547T5891 and CUSIP 22547T589, a debt instrument originally issued from Switzerland by Credit Suisse, a globally recognized financial services company that historically offered a wide range of banking and wealth management solutions prior to its recent integration into UBS, has successfully reached its maturity on January 31, 2025, and subsequently been redeemed at 100% of its par value; this USD-denominated obligation, characterized by a 0% interest rate and a specified payment frequency of two (implying semi-annual, though no coupons were paid), was part of a total issuance worth $7,834,000, with a minimum purchase size of $1,000, and carried a 'Not Rated' (NR) designation from Moody's.
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