Credit Suisse S&P MLP ETN Stock Price, News & Analysis

Credit Suisse S&P MLP Index ETN (symbol: MLPO) is a financial instrument designed to offer investors exposure to the performance of the S&P MLP Index without the complications of directly investing in the partnerships that comprise the index. The ETN represents a promise by Credit Suisse to pay the holder the return on the index, minus applicable fees.

Managed by Credit Suisse, a leading global financial services company, the MLPO is structured as an Exchange-Traded Note (ETN), which is a type of unsecured debt security. The S&P MLP Index, which this ETN tracks, consists of Master Limited Partnerships (MLPs) that are primarily involved in the energy sector, including oil and gas transportation, storage, and processing.

One of the core features of the MLPO is its variable quarterly Coupon Amount, which is dependent on the distributions from the MLPs included in the index. It is important to note that the Current Yield, based on the ETN's Coupon Amount, is not indicative of future payments. This variability can mean that Coupon Amounts on the ETNs may fluctuate and could potentially be zero. Investors should be aware that any payment on the ETN is subject to Credit Suisse's credit risk and their ability to meet their obligations.

• On July 6, 2023, Credit Suisse declared a Coupon Amount for the MLPO based on the Closing Indicative Value as of June 30, 2023, reflecting the current yield.
• Another declaration was made on October 2, 2023, based on the Closing Indicative Value as of September 29, 2023.

These announcements underscore the variable nature of the Coupon Amount, which depends on the most recent distributions of the MLPs in the index. Credit Suisse advises potential investors to thoroughly read the applicable pricing supplement and related documents available on the SEC website to understand the risks and nuances associated with investing in MLPO.

This ETN is suitable for knowledgeable investors who comprehend the potential consequences and risks, including the possibility of receiving less than the principal amount of their investment at maturity or upon repurchase or sale. As with all investments, past performance is not necessarily a guide to future performance, and the risks involved are significant.

For additional information or queries, investors can contact Credit Suisse ETNs at +1 800 320 1225 or via email at ETN.Desk@credit-suisse.com.