| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | June 13, 2023 |
| Accession Number: | 0001104659-23-069979 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
| |||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | June 13, 2023 |
| Accession Number: | 0001104659-23-069979 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
| |||||||
| |||||||
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/16/2023 | Buy → Neutral | Citigroup | |
| 2/13/2023 | Hold → Reduce | Kepler | |
| 12/20/2022 | Underperform | Exane BNP Paribas | |
| 12/19/2022 | Sector Perform | RBC Capital Mkts | |
| 12/9/2022 | Neutral → Buy | BofA Securities | |
| 10/6/2022 | Underweight → Neutral | JP Morgan | |
| 7/28/2022 | Underperform → Neutral | BofA Securities | |
| 3/31/2022 | Neutral | Goldman |
NEW YORK, June 9, 2023 /PRNewswire/ -- Credit Suisse AG announced today that, following June 30, 2023, CME Term SOFR will be the replacement reference rate for its outstanding New York law-governed debt securities that use U.S. dollar LIBOR as the reference rate. The outstanding notes of Credit Suisse AG listed below (the "LIBOR Notes") currently use three-month U.S. dollar LIBOR as the reference rate and require the calculation agent to select a successor reference rate following the cessation of three-month U.S. dollar LIBOR. Title of Notes CUSIP Fixed to Floating Rate Securities due April 14, 2026 Linked to the Performance of the 3-Month USD LIBOR 22548Q3E3 Senior Fl
NEW YORK, June 5, 2023 /PRNewswire/ -- On June 1, 2023, Credit Suisse announced expected coupon payments for the following ETNs: ETN Ticker ETN Name ClosingIndicativeValue on 5/31/23 Ex-Date Record Date Payment Date ExpectedCouponAmountper ETN1 Coupon Frequency Expected Current Yield2 USOI Credit SuisseX-Links® CrudeOil SharesCovered CallETN $70.7773 6/20/23 6/21/23 6/26/23 $0.8590 Monthly 28.97%3 GLDI Credit SuisseX-Links® Gold SharesCovered CallETN $143.9311 6/20/23 6/21/23 6/26/23 $1.5898 Monthly 18.52%3 SLVO Credit Suisse X-Links® SilverSharesCovered CallETN $75.3884 6/20/
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, May 04, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Credit Suisse Group AG (NYSE:CS) investors that a lawsuit filed on behalf of investors that purchased Credit Suisse securities (NYSE:CS) between March 10, 2022 and March 15, 2023, both dates inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pur
15-12G - CREDIT SUISSE GROUP AG (0001159510) (Filer)
EFFECT - CREDIT SUISSE GROUP AG (0001159510) (Filer)
25-NSE - CREDIT SUISSE GROUP AG (0001159510) (Subject)
Citigroup downgraded Credit Suisse from Buy to Neutral
Kepler downgraded Credit Suisse from Hold to Reduce
Exane BNP Paribas resumed coverage of Credit Suisse with a rating of Underperform
SC 13G/A - CREDIT SUISSE GROUP AG (0001159510) (Subject)
SC 13G/A - CREDIT SUISSE GROUP AG (0001159510) (Subject)
SC 13G - CREDIT SUISSE GROUP AG (0001159510) (Subject)
NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that funds managed by Apollo affiliates (the "Apollo Funds") have completed the acquisition of a majority stake in Novolex Holdings LLC ("Novolex" or the "Company"), a leading global manufacturer of diverse and sustainable packaging products for the foodservice, delivery and carryout, food processor and industrial markets, from funds managed by Carlyle (NASDAQ:CG). Carlyle will retain a minority stake in the Company. The financing for the acquisition includes the largest-ever sustainability-linked loan issued to date. Additional financial terms of the transaction were not disclosed. Stan Bikulege, Novolex Chai
SAINT HELIER, Jersey, Nov. 4, 2021 /PRNewswire/ -- CoinShares International Limited (Nasdaq First North Growth Market: CS) ("CoinShares", the "Group" or the "Company") today released its financial results and operational updates for the third quarter and nine-months ended 30 September 2021. The full report, which is linked in this press release, can also be found on the CoinShares Investor Relations site. Financial Results Summary Following the Group's record Q2 results as announced on 5 August 2021, CoinShares achieved a record Q3, resulting in the strongest nine-month perfo
Swiss taxpayers will not fund UBS Group's (NYSE:UBS) rescue of Credit Suisse (NYSE:CS). The bank, which has faced a political backlash against the deal, inked a loss protection agreement with the Swiss government, effective post-completion of the acquisition of Credit Suisse. UBS will handle potential losses of the first CHF 5 billion, and if the amount exceeds, the Swiss government will cover losses of the next CHF 9 billion related to the emergency takeover. Also Read: UBS Cites $17B Hit From Rushed Credit Suisse Takeover, Blames Hasty Due Diligence The scale of potential state support for the shotgun marriage of the country's two biggest banks has proved politically explosive and conti
UBS Group AG (NYSE:UBS) is reportedly planning to significantly reduce the workforce of the recently acquired Credit Suisse Group AG (NYSE:CS), with more than half of the employees facing potential layoffs. The planned layoffs are part of UBS’s strategy to cut back on the numbers at Credit Suisse’s loss-making investment bank, which was the source of a significant loss in the Archegos Capital Management scandal in 2021. The strategy also includes retaining the top 20% of dealmakers, particularly those focusing on technology, media, and telecoms. Also Read: Financial Advisors Mark Alibrandi And Stephen Alibrandi Join UBS Private Wealth In Boston UBS’s CEO, Sergio Ermotti, has express
The Swiss National Bank (SNB) learned a lesson from the downfall of Credit Suisse Group AG ADR (Sponsored) (NYSE:CS) and is planning to undertake measures to prevent such events in the future. In its 2023 financial stability report, the bank stated the need for appropriate measures to prevent a loss of confidence and provide several effective options to stabilize, recover or unwind a systemically important bank during troubled times. The bank disclosed three observations from the CS crisis. SNB believes compliance with capital requirements is essential 'but not sufficient to ensure confidence in a bank,' and deposit outflows' scale and rate that resulted from the loss of confidence were u