Credit Suisse lifts cap for X-Links ETNs on FTSE NAREIT All Mortgage

By Wendy Van Sickle

Columbus, Ohio, June 17 – Credit Suisse AG, Nassau Branch updated the offering amount for its Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT exchange-traded notes due July 11, 2036 linked to the FTSE NAREIT All Mortgage Capped index (NYSE Arca: REML, Cusip: 22539T282), according to a 424B2 filing with the Securities and Exchange Commission.

The amount was increased to $589.25 million, or 23.57 million notes with a par amount of $25 each, from $519 million.

As of June 9, there were 28.3 million ETNs, or $707.5 million principal amount, issued and outstanding.

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