Phoenix Memory Autocall Airbag on Sanofi, Merck &Co., Pfizer and Bayer

Product Details

ISIN IT0006756719 UNDERLYINGS BAYER AG-REG, MERCK & CO. INC., PFIZER INC, SANOFI AIRBAG AUTOCALLABLE EUR EUROLTX LOW STRIKE MULTI UNDERLYING PHOENIX QUANTO SECONDARY MARKET YIELD ENHANCEMENT ISSUER Marex Financial (S&P BBB) CURRENCY EUR ISSUE PRICE 1000 EUR LISTING MARKET EuroTLX COUPON RATE P.A. 7.60% FREQUENCY Quarterly MEMORY EFFECT Yes COUPON BARRIER 60% AUTOCALL BARRIER 1000% AUTOCALL AMOUNT 1000 EUR FIRST AUTOCALL DATE 05.02.2024 STRIKE 60% CAPITAL BARRIER 60% BARRIER TYPE European 721.89BID 731.90ASK Price on 17:45 CET 26 April 2024

Product Lifecycle

03.05.2023 INITIAL FIXING DATE
03.05.2023 ISSUE DATE
05.05.2026 FINAL FIXING DATE
14.05.2026 MATURITY DATE

Product Documentation

Document Date
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Underlyings

Underlying Bloomberg Ticker Initial fixing Coupon Barrier Level Capital Barrier Level
SANOFI SAN FP 97.91 EUR 58.746 EUR 58.746 EUR
MERCK & CO. INC. MRK UN 118.22 USD 70.932 USD 70.932 USD
PFIZER INC PFE UN 38.45 USD 23.07 USD 23.07 USD
BAYER AG-REG BAYN GY 57.20 EUR 34.32 EUR 34.32 EUR

Coupon calendar

Observation date Ex-date Payment date Coupon amount Coupon Barrier
03.08.2023 10.08.2023 14.08.2023 19 EUR 60%
03.11.2023 10.11.2023 14.11.2023 19 EUR 60%
05.02.2024 12.02.2024 14.02.2024 19 EUR 60%
03.05.2024 10.05.2024 14.05.2024 19 EUR 60%
05.08.2024 12.08.2024 14.08.2024 19 EUR 60%
04.11.2024 12.11.2024 14.11.2024 19 EUR 60%
03.02.2025 10.02.2025 12.02.2025 19 EUR 60%
05.05.2025 12.05.2025 14.05.2025 19 EUR 60%
04.08.2025 11.08.2025 13.08.2025 19 EUR 60%
03.11.2025 11.11.2025 13.11.2025 19 EUR 60%
03.02.2026 10.02.2026 12.02.2026 19 EUR 60%
05.05.2026 12.05.2026 14.05.2026 19 EUR 60%
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Early redemption calendar

Observation date Early redemption date Early redemption amount Early redemption trigger
05.02.2024 14.02.2024 1000 EUR 100%
03.05.2024 14.05.2024 1000 EUR 97%
05.08.2024 14.08.2024 1000 EUR 94%
04.11.2024 14.11.2024 1000 EUR 91%
03.02.2025 12.02.2025 1000 EUR 88%
05.05.2025 14.05.2025 1000 EUR 85%
04.08.2025 13.08.2025 1000 EUR 82%
03.11.2025 13.11.2025 1000 EUR 79%
03.02.2026 12.02.2026 1000 EUR 76%
05.05.2026 14.05.2026 1000 EUR 73%
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