Bond Credit Suisse (Bahamas) Limited 0% ( US22552FHW59 ) in USD
| Issuer | Credit Suisse (Bahamas) Limited | ||||||||||||
| Market price | 100.00 % ⇌ | ||||||||||||
| Country | Switzerland
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| ISIN code |
US22552FHW59 ( in USD )
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| Interest rate | 0% | ||||||||||||
| Maturity | 30/09/2024 - Bond has expired | ||||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 USD | ||||||||||||
| Total amount | 426 000 USD | ||||||||||||
| Cusip | 22552FHW5 | ||||||||||||
| Detailed description |
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. The bond, identified by ISIN US22552FHW59 and CUSIP 22552FHW5, issued by Credit Suisse (Bahamas) Limited, a subsidiary entity of the now-integrated global financial services firm Credit Suisse Group AG, has successfully matured and been fully repaid. Credit Suisse Group AG, historically a prominent Swiss-headquartered institution offering comprehensive private banking, investment banking, and asset management services, completed its acquisition by UBS Group AG in June 2023, following a period of significant restructuring. This specific USD-denominated bond, with a total issue size of $426,000 and a minimum purchase increment of $1,000, was originally issued from Switzerland; despite featuring a stated 0% interest rate and a specified payment frequency of 2, the bond reached its maturity on September 30, 2024, and was subsequently redeemed at 100% of its par value, concluding its financial lifecycle for investors. |
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