By Aleesia Forni
Virginia Beach, June 11 – Credit Suisse AG priced $2.5 billion of tier 1 bonds at par to yield 6.25%, according to a market source.
The notes sold in line with talk via Rule 144A and Regulation S.
Credit Suisse Securities (USA) LLC was the bookrunner.
The financial services company is based in Zurich.
| Issuer: | Credit Suisse AG
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| Amount: | $2.5 billion
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| Description: | Tier 1 bonds
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| Maturity: | Perpetual
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| Bookrunners: | Credit Suisse Securities (USA) LLC
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| Coupon: | 6.25%
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| Price: | Par
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| Yield: | 6.25%
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| Trade date: | June 11
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| Price talk: | 6.25% area
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