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 comprehensive overview of the fully matured and redeemed bond instrument, identified by ISIN US22552FPG18 and CUSIP 22552FPG1, issued by Credit Suisse (Bahamas) Limited, an entity within the former Credit Suisse Group, historically recognized for its global financial services, particularly in private banking and wealth management operations. Denominated in USD, this specific debt instrument had an initial total issue size of 985,000 units, with a minimum purchase lot set at 1,000 units. Notably, the bond was structured as a zero-coupon instrument, bearing a 0% interest rate, which implied that investors did not receive periodic interest payments but were instead intended to be repaid at par (100% of face value) upon its maturity. Issued with Switzerland designated as the country of issuance, the bond reached its maturity date on May 19, 2021, and was subsequently confirmed as fully redeemed at par, marking the successful fulfillment of its obligations to bondholders.
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