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Published on 5/25/2018 in the Prospect News Investment Grade Daily.

S&P gives Credit Suisse (Schweiz) A

S&P said it has assigned its A/A-1 long- and short-term issuer credit ratings to Credit Suisse (Schweiz) AG.

The outlook is stable.

Credit Suisse (Schweiz) is the main entity of Credit Suisse responsible for the Swiss business, and the agency said it regards it as fully integrated into the group.

“In our view, CSSAG is core to its direct owner, Credit Suisse AG, and like its parent, would be recapitalized in the unlikely event of a resolution of the group,” S&P said in a news release.


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