UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June, 2015
Commission File Number 001-33434
CREDIT SUISSE AG
(Translation of Registrant’s Name Into English)
Paradeplatz 8, CH-8070 Zurich, Switzerland
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. |
Form 20-F ![]() ![]() |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): |
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): |
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. |
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. |
Yes ![]() ![]() |
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-. |
Explanatory note
This report on Form 6-K contains the exhibit set forth below. This report on Form 6-K and such exhibit are hereby incorporated by reference into Registration Statement No. 333-202913 of Credit Suisse AG.
Exhibit 99.1: Press release of Credit Suisse AG dated June 16, 2015.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CREDIT SUISSE AG |
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Date: June 16, 2015 | By: | /s/ Gina Orlins | ||
Name: | Gina Orlins | |||
Title: | Authorized Officer | |||
By: | /s/ Michael G. Clark | |||
Name: | Michael G. Clark | |||
Title: | Authorized Officer |
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CREDIT SUISSE | |
Eleven Madison Avenue New York, NY 10010 USA |
Telephone +1 212 325 5200 Fax +1 212 325-6665
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Media Release
Credit Suisse AG Announces the Reverse Split of its TVIX ETN
New York, June 16, 2015 Credit Suisse AG announced today that it will implement a 1-for-10 reverse split of its VelocityShares™ Daily 2x VIX Short Term ETN (“TVIX”), expected to be effective as of June 23, 2015.
On June 25, 2015, holders of record will receive one reverse split-adjusted ETN for every ten units of TVIX. In addition, such holders of record that hold a number of units of ETNs not evenly divisible by ten will receive a cash payment for any fractional number of units remaining of TVIX (the “partials”). The cash amount due on any partials will be determined on June 30, 2015, based on the closing indicative value of TVIX on such date and will be paid by Credit Suisse AG on July 1, 2015.
The closing indicative value of TVIX on June 22, 2015 will be multiplied by ten to determine its reverse split-adjusted closing indicative value. The reverse split will be effective at the open of trading on June 23, 2015 and TVIX will begin trading on the NASDAQ Stock Market on a reverse split-adjusted basis on such date. Following the reverse split, TVIX will have a new CUSIP but will retain the same ticker symbol.
The reverse split will affect the trading denominations of TVIX but it will not have any effect on the principal amount of the underlying notes, except that the principal amount will be reduced by the aggregate amount of any cash payments for “partials.”
None of the other ETNs offered by Credit Suisse AG are affected by these announcements.
Reverse Split | Ticker Symbol | CUSIP / New CUSIP |
VelocityShares™ Daily 2x VIX Short Term ETN due December 4, 2030 | TVIX | 22539T613 / 22539T423 |
Press Contacts
Nicole Sharp, Credit Suisse AG, telephone +1 212 325 8708, nicole.sharp@credit-suisse.com;
Credit Suisse ETNs, telephone +1 212 538 7333, ETN.Desk@credit-suisse.com
Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high net worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 46,400 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.