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.
Investors are currently assessing a bond issuance, identified by ISIN XS2027978654, originated by Credit Suisse, a prominent Swiss financial services group historically offering a wide array of banking and wealth management solutions globally, now operating under UBS's umbrella. This USD-denominated debt instrument, issued from Switzerland, is currently quoted at a market price of 100% and notably carries a 0% interest rate. The total size of this particular issue amounts to 25,000,000, with a minimum investment threshold set at 10,000. Scheduled to mature on August 26, 2034, the bond specifies a payment frequency of twice per year, despite its zero-coupon characteristic.
|