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.
This financial article provides a review of a specific USD-denominated bond, identified by ISIN US22551N4Z62 and CUSIP 22551N4Z6, which was issued by Credit Suisse (Bahamas) Limited and reached its maturity, having been fully repaid, on November 29, 2021. Credit Suisse (Bahamas) Limited operates as a subsidiary within the broader Credit Suisse Group, a prominent global financial services company with its origins and primary headquarters in Switzerland, known for its extensive operations in wealth management, investment banking, and asset management, serving a diverse international client base. This particular bond, issued from Switzerland, featured a high annual interest rate of 10.75%, with interest payments disbursed semi-annually. The total issuance size for this instrument amounted to $539,000, with a minimum purchase increment of $1,000 for investors. Prior to its scheduled redemption, the bond was consistently priced at 100% of its face value on the market, affirming its par trading status. The successful and timely repayment on its November 29, 2021 maturity date concludes its lifecycle as a financial obligation.
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US22551N4Z62 ( in USD )
