Credit Suisse was a global investment bank and financial services company headquartered in Zurich, Switzerland, that was acquired by UBS in March 2023 following a significant financial crisis.
This article provides an overview of a recently matured bond, identified by ISIN XS1552773191. The bond was issued by Credit Suisse, a prominent Swiss-headquartered global financial services company historically renowned for its comprehensive offerings in investment banking, private banking, and wealth management across a broad international client base, a firm that has since been acquired by UBS. Denominated in Great British Pounds (GBP), this debt instrument was characterized by a zero-percent interest rate, positioning it as a zero-coupon bond with a singular payment event at maturity. The total size of this particular issuance was 3,053,560 GBP, with a minimum acquisition threshold of 1 unit. The bond, which originated from Switzerland, reached its maturity on February 14, 2024, and has, as indicated by its repayment at 100% of its nominal value, been fully redeemed and repaid to its bondholders as scheduled.
|