Tag Archives: CapLaw-2015-23

Credit Suisse Issues USD 4 Billion Senior Debt Instruments in Support of its Single-Point-of-Entry Bail-in Strategy

On March 23, 2015, Credit Suisse launched its inaugural issuance of “Bail-inable Bonds”, a class of newly designed senior debt instruments. The USD 1.5 billion 2.750% Senior Notes due 2020 and USD 2.5 billion 3.750% Senior Notes due 2025 (together, the “Notes”) have been issued by Credit Suisse Group Funding (Guernsey) Limited on March 26, 2015 on a Rule 144A/RegS basis and are guaranteed by Credit Suisse Group AG (“CSG”). The Notes will be listed on the SIX Swiss Exchange Ltd. For further information please see the related article by René Bösch and Benjamin Leisinger in this CapLaw edition.