Credit Suisse (Bahamas) Limited was a subsidiary of Credit Suisse AG, providing wealth management and related financial services to high-net-worth individuals and institutional clients in the Bahamas.
An informational review of the bond identified by ISIN US22551LW304 and CUSIP 22551LW30, issued by Credit Suisse (Bahamas) Limited, a then-subsidiary of the global financial services group Credit Suisse, reveals a USD-denominated, zero-coupon obligation with a total issue size of 550,000 and a minimum purchase size of 1,000, which, despite its Bahamian issuer, had its country of issuance listed as Switzerland, featured a stated payment frequency of 2, and successfully matured and was redeemed at 100% of its face value on February 3, 2021.
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