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Prospect News home > News index > List of issuers Tenders > Headlines for 2013 > News item
Published on 1/4/2013 in the Prospect News Structured Products Daily.

Credit Suisse redeems VelocityShares 2x Inverse Palladium ETNs

By Marisa Wong

Madison, Wis., Jan. 4 - Credit Suisse AG, Nassau Branch gave notice that it redeemed all 425,346.42 of its outstanding VelocityShares 2x Inverse Palladium exchange-traded notes due Oct. 14, 2031 linked to the S&P GSCI Palladium Index Excess Return.

The notes (Cusip: 22542D613) were redeemed on Jan. 3 at $29.4093 per $50.00 unit.


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