Credit Suisse Group AG faces certain restrictions in its ability to do business until its acquisition by rival UBS Group AG is completed, according to a regulatory filing on Tuesday.
In certain cases, without prior UBS approval, Credit Suisse cannot grant a new credit facility or credit line in an amount exceeding 100 million Swiss francs ($113 million) to investment grade borrowers and more than 50 million Swiss francs to non-investment grade borrowers, the filing shows.
($1 = 0.8889 Swiss francs)
(Reporting by Paritosh Bansal; Editing by Tom Hogue)
