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Credit Suisse lifts cap for X-Links ETNs on FTSE NAREIT All Mortgage
By Marisa Wong
Morgantown, W.Va., Sept. 28 – 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 $25,375,000, or 1,015,000 notes with a par amount of $25 each, from $14.25 million.
As of Sept. 14, there were 11,525,000 ETNs, or $38,125,000 principal amount, issued and outstanding.
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