Credit Suisse lists merger arbitrage ETN on NYSE Arca

Mike Clarke, Credit Suisse Americas

Credit Suisse has brought the exchange-traded note (ETN) to merger arbitrage with the listing of a due October 6, 2020 ETN linked to the bank's Merger Arbitrage Liquid Index on NYSE Arca. The senior medium-term notes were priced on Friday (October 1) and listed today (October 4). "We think it will garner a decent amount of attention given how bullish people are on the merger space," says Mike Clark, New York-based managing director and head of Credit Suisse's retail distribution business for the