Credit Suisse’s $17 Billion of Risky Bonds Are Now Worthless
Holders of Credit Suisse Group AG bonds suffered a historic loss when a takeover by UBS Group AG wiped out about 16 billion Swiss francs ($17.3 billion) worth of risky notes.
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### Instruction: Credit Suisse’s $17 Billion of Risky Bonds Are Now Worthless

### Response: Holders of Credit Suisse Group AG bonds suffered a historic loss when a takeover by UBS Group AG wiped out about 16 billion Swiss francs ($17.3 billion) worth of risky notes.