Credit Suisse in $2 Billion Offering

November 12, 2019

Cleary Gottlieb represented Credit Suisse AG (Credit Suisse) in its registered offering of $2 billion aggregate principal amount of 2.1% senior notes due 2021.

The notes were issued under Credit Suisse’s U.S. medium-term notes program and pursuant to its shelf registration statement on file with the SEC. Credit Suisse Securities (USA) LLC acted as representative of the distributors for the notes. The transaction priced on November 4, 2019, and closed on November 12, 2019.

Credit Suisse is a Swiss corporation operating as a bank, with all related banking, finance, consultancy, service, and trading activities in Switzerland and abroad. Founded in 1856, it has operations in more than 50 countries.

Cleary has previously represented Credit Suisse as issuer in numerous securities transactions.