Credit Suisse adjusts cap for X-Links crude oil covered call ETNs

By Marisa Wong

Morgantown, W.Va., Feb. 14 – Credit Suisse AG, Nassau Branch updated the offering amount for its Credit Suisse X-Links Crude Oil Shares Covered Call ETNs due April 24, 2037 linked to the Credit Suisse Nasdaq WTI Crude Oil Flows 106 index (NYSE Arca: USOI, Cusip: 22539T266), according to an amended 424B2 filing with the Securities and Exchange Commission.

The amount was increased to $14,125,000, or 565,000 notes with a par amount of $25 each, from $2.5 million.

As of Feb. 8, there were 210,000 ETNs, or $5.25 million principal amount, issued and outstanding.

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