Bond Credit Suisse (Bahamas) Limited 6% ( US22552FLH37 ) in USD
| Issuer | Credit Suisse (Bahamas) Limited | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | Switzerland
|
||||||
| ISIN code |
US22552FLH37 ( in USD )
|
||||||
| Interest rate | 6% per year ( payment 2 times a year) | ||||||
| Maturity | 26/07/2022 - Bond has expired | ||||||
|
Prospectus brochure in PDF format |
|||||||
| Minimal amount | 1 000 USD | ||||||
| Total amount | 4 641 000 USD | ||||||
| Cusip | 22552FLH3 | ||||||
| Standard & Poor's ( S&P ) rating | N/A | ||||||
| Moody's rating | N/A | ||||||
| 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. An in-depth review of a recently matured debt instrument reveals key characteristics of a bond issued by Credit Suisse (Bahamas) Limited. This specific bond, identified by ISIN US22552FLH37 and CUSIP 22552FLH3, was a U.S. dollar-denominated obligation that carried a fixed annual interest rate of 6%. The issuer, Credit Suisse (Bahamas) Limited, was a financial entity operating as a subsidiary within the broader Credit Suisse Group AG, a prominent global financial services company. While incorporated in the Bahamas, the bond's country of issuance was Switzerland, reflecting potential ties to the parent group's primary regulatory and operational frameworks. This Bahamian entity historically played a role in the group's wealth management and private banking sectors, contributing to its global capital-raising strategies. The total issue size for this bond stood at $4,641,000, with a minimum purchase amount of $1,000, designed to attract various investor types. Interest payments were scheduled semi-annually, providing regular returns to bondholders. Although initially priced at 100% on the market, the bond reached its scheduled maturity date on July 26, 2022, and has subsequently been fully redeemed, marking the successful conclusion of its financial obligation to investors. |
||||||
| |||||||
Français
Italiano
Switzerland