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Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN 5/16/2036
Ticker Symbol: AMJL* CUSIP: 22539T290 Exchange: NYSEA
* NOTE: This security is no longer trading as of 3/19/2020
Company's Online Profile
BUSINESS: The Credit Suisse X-Links™ Monthly Pay 2xLeveraged Alerian MLP Index ETNs (exchange traded notes) are senior, unsecured debt securities issued by Credit Suisse AG that provide a monthly compounded 2x leveraged long exposure to the price return version of the Alerian MLP Index. The price return version of the Index does not reflect the value of reinvested cash dividends or distributions; rather, such cash dividends or distributions of the Index Constituents, if any, are reflected in the variable monthly coupon that may be paid to investors of the ETN. The Index measures the composite performance of leading energy Master Limited Partnerships that represent approximately 85% of the total energy MLP float-adjusted market capitalization. Alerian, the Index Sponsor, selects the Index Constituents. The Index is calculated using a float-adjusted, capitalization-weighted methodology and its price return version is disseminated real-time under the ticker symbol "AMZ". The ETNs should be purchased only by knowledgeable investors who understand the risks of investing in the ETNs. For further detailed information on this speculative security, click on the Link to IPO Prospectus given below.
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Notes: March 9, 2020 -- Credit Suisse AG (announced today theautomatic accelerationand mandatory redemptionof its Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP IndexETNs (“AMJL”).On March 9, 2020, the closing indicative value of AMJL was $2.1081. Because the closing indicative value of AMJL was equal to or less than $5.00, an acceleration upon minimum closing indicative value, as definedin the pricing supplement relating to AMJL, has occurred. Accordingly,all issued and outstanding ETNs will be automatically accelerated and mandatorily redeemed. As disclosed in more detailin such pricing supplement,holders will be entitled to receive the acceleration settlement amount,calculated in accordance with the terms of the ETNs. Payment of the acceleration settlement amount will be made on the acceleration settlement date, which is expected to be March 19, 2020. Thelast day of trading for AMJL is expectedto be March 18, 2020. As of today, Credit Suisse will no longer issue new units of AMJL ETNs.
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IPO - 5/17/2016 -
Link to IPO Prospectus
Micro Cap Stock -
Market Value $18.4 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: Eleven Madison Avenue, New York, NY 10010 |
| Main Phone Number |
800-320-1225 |
| Fax Number |
Not Available |
| Investor Contact
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800-320-1225
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| Toll Free Phone Number |
800-320-1225 |
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