Phoenix Memory Airbag Autocall on Enel, BASF and Microsoft

Product Details

ISIN IT0006750829 UNDERLYINGS BASF SE, ENEL SPA, MICROSOFT CORP AIRBAG AUTOCALLABLE EUR EUROLTX LOW STRIKE MULTI UNDERLYING QUANTO SECONDARY MARKET YIELD ENHANCEMENT ISSUER Marex Financial (S&P BBB) CURRENCY EUR ISSUE PRICE 1000 EUR LISTING MARKET EuroTLX COUPON RATE P.A. 8.60% FREQUENCY Quarterly MEMORY EFFECT Yes COUPON BARRIER 50% AUTOCALL BARRIER 100% AUTOCALL AMOUNT 1000 EUR FIRST AUTOCALL DATE 28.08.2023 STRIKE 50% CAPITAL BARRIER 50% BARRIER TYPE European 976.63BID 986.64ASK Price on 17:45 CET 23 September 2023

Product Lifecycle

27.05.2022 INITIAL FIXING DATE
25.05.2022 ISSUE DATE
27.05.2027 FINAL FIXING DATE
07.06.2027 MATURITY DATE

Product Documentation

Document Date
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Underlyings

Underlying Bloomberg Ticker Initial fixing Coupon Barrier Level Capital Barrier Level
ENEL SPA ENEL IM 6.186 EUR 3.093 EUR 3.093 EUR
BASF SE BAS GY 51.11 EUR 25.555 EUR 25.555 EUR
MICROSOFT CORP MSFT UW 273.24 USD 136.62 USD 136.62 USD

Coupon calendar

Observation date Ex-date Payment date Coupon amount Coupon Barrier
29.08.2022 06.09.2022 08.09.2022 21.5 EUR 50%
28.11.2022 05.12.2022 07.12.2022 21.5 EUR 50%
27.02.2023 06.03.2023 08.03.2023 21.5 EUR 50%
30.05.2023 06.06.2023 08.06.2023 21.5 EUR 50%
28.08.2023 05.09.2023 07.09.2023 21.5 EUR 50%
27.11.2023 04.12.2023 06.12.2023 21.5 EUR 50%
27.02.2024 05.03.2024 07.03.2024 21.5 EUR 50%
27.05.2024 03.06.2024 05.06.2024 21.5 EUR 50%
27.08.2024 03.09.2024 05.09.2024 21.5 EUR 50%
27.11.2024 04.12.2024 06.12.2024 21.5 EUR 50%
27.02.2025 06.03.2025 10.03.2025 21.5 EUR 50%
27.05.2025 03.06.2025 05.06.2025 21.5 EUR 50%
27.08.2025 03.09.2025 05.09.2025 21.5 EUR 50%
27.11.2025 04.12.2025 08.12.2025 21.5 EUR 50%
27.02.2026 06.03.2026 10.03.2026 21.5 EUR 50%
27.05.2026 03.06.2026 05.06.2026 21.5 EUR 50%
27.08.2026 03.09.2026 07.09.2026 21.5 EUR 50%
27.11.2026 04.12.2026 08.12.2026 21.5 EUR 50%
01.03.2027 08.03.2027 10.03.2027 21.5 EUR 50%
27.05.2027 03.06.2027 07.06.2027 21.5 EUR 50%
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Early redemption calendar

Observation date Early redemption date Early redemption amount Early redemption trigger
28.08.2023 07.09.2023 1000 EUR 100%
27.11.2023 06.12.2023 1000 EUR 95%
27.02.2024 07.03.2024 1000 EUR 90%
27.05.2024 05.06.2024 1000 EUR 85%
27.08.2024 05.09.2024 1000 EUR 80%
27.11.2024 06.12.2024 1000 EUR 75%
27.02.2025 10.03.2025 1000 EUR 70%
27.05.2025 05.06.2025 1000 EUR 65%
27.08.2025 05.09.2025 1000 EUR 60%
27.11.2025 08.12.2025 1000 EUR 55%
27.02.2026 10.03.2026 1000 EUR 50%
27.05.2026 05.06.2026 1000 EUR 50%
27.08.2026 07.09.2026 1000 EUR 50%
27.11.2026 08.12.2026 1000 EUR 50%
01.03.2027 10.03.2027 1000 EUR 50%
27.05.2027 07.06.2027 1000 EUR 50%
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