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 refers to a zero-coupon bond (ISIN: US22547T6477, CUSIP: 22547T647) denominated in USD, originally issued by the Swiss-headquartered Credit Suisse, a significant global financial institution that, following a period of financial distress, was subsequently acquired by UBS Group AG in 2023. With a total issuance size of USD 5,150,000 and a minimum purchase threshold of USD 1,000, this particular obligation, which carried a 0% interest rate making typical semi-annual payment frequencies (indicated as 2) non-applicable for coupon distribution, reached its maturity date on January 27, 2025, and has since been fully reimbursed to investors at 100% of its face value, while its creditworthiness for this specific issuance was designated as "NR" (Not Rated) by Moody's.
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