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 outlines a specific bond issuance (ISIN: US22552FEC23, CUSIP: 22552FEC2) that was issued in Switzerland, denominated in USD. The bond, with a total issuance size of $5,744,000 and a minimum purchase size of $1,000, offered an attractive annual interest rate of 9%, disbursed through semi-annual payments. Prior to its maturity, the bond was observed trading at 100% of its face value. The issuer of this instrument was Credit Suisse (Bahamas) Limited, a distinct subsidiary entity of the former Credit Suisse Group, which historically played a crucial role in the global banking giant's offshore operations, including wealth management and the issuance of various financial products. The Credit Suisse Group itself was a prominent multinational investment bank and financial services company headquartered in Switzerland, which has since been acquired by UBS. The bond reached its scheduled maturity on May 31, 2022, at which point it was fully redeemed and repaid to all bondholders.
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US22552FEC23 ( in USD )
