Details
type
autocallable with memory
status
not issued
currency
usd
Protection
barrier type
european
barrier
70%
Autocall
autocall trigger
100%
observation frequency
quarterly
redemption amount
100%
first obs. in
3 months
autocall step down
100%
Coupon
coupon type
conditional
coupon frequency
quarterly
coupon memory
no
coupon barrier
70%
coupon per annum
13.48%
Coupon & redemption mechanism
At each quarterly observation
If the worst performer is above the Autocall Trigger Level
YES
early redemption: the product redeems at 100%
NO
Coupon: 3.370%
If the worst performer is above the Coupon Barrier Level
YES
Coupon: 3.370%
NO
Coupon: 0%
At maturity
If the worst performer is above the protection barrier
YES
the investor receives the 100% inveThe investor receives the 100% + 3.370%coupon if the worst performer is above the Coupon Triggers
no
the investor recives the physical delivery of shares of the worst performer at the strike price (or its equivalent in cash)