Phoenix Memory Autocall on Alibaba, Baidu and Microsoft

Product Details

ISIN IT0006754904 UNDERLYINGS ALIBABA, BAIDU INC - SPON ADR, MICROSOFT CORP AUTOCALLABLE EUR EUROLTX 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. 13.00% FREQUENCY Quarterly MEMORY EFFECT Yes COUPON BARRIER 50% AUTOCALL BARRIER 100% AUTOCALL AMOUNT 1000 EUR FIRST AUTOCALL DATE 09.11.2023 STRIKE 100% CAPITAL BARRIER 50% BARRIER TYPE European 856.89BID 876.90ASK Price on 17:45 CET 18 April 2024

Product Lifecycle

09.02.2023 INITIAL FIXING DATE
14.02.2023 ISSUE DATE
09.02.2026 FINAL FIXING DATE
19.02.2026 MATURITY DATE

Product Documentation

Document Date
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Underlyings

Underlying Bloomberg Ticker Initial fixing Coupon Barrier Level Capital Barrier Level
ALIBABA BABA UN 108.46 USD 54.23 USD 54.23 USD
BAIDU INC - SPON ADR BIDU UW 148.07 USD 74.035 USD 74.035 USD
MICROSOFT CORP MSFT UW 263.62 USD 131.81 USD 131.81 USD

Coupon calendar

Observation date Ex-date Payment date Coupon amount Coupon Barrier
09.05.2023 16.05.2023 18.05.2023 32.5 EUR 50%
09.08.2023 16.08.2023 18.08.2023 32.5 EUR 50%
09.11.2023 16.11.2023 20.11.2023 32.5 EUR 50%
09.02.2024 19.02.2024 21.02.2024 32.5 EUR 50%
09.05.2024 16.05.2024 20.05.2024 32.5 EUR 50%
09.08.2024 16.08.2024 20.08.2024 32.5 EUR 50%
12.11.2024 19.11.2024 21.11.2024 32.5 EUR 50%
10.02.2025 18.02.2025 20.02.2025 32.5 EUR 50%
09.05.2025 16.05.2025 20.05.2025 32.5 EUR 50%
11.08.2025 18.08.2025 20.08.2025 32.5 EUR 50%
10.11.2025 18.11.2025 20.11.2025 32.5 EUR 50%
09.02.2026 17.02.2026 19.02.2026 32.5 EUR 50%
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Early redemption calendar

Observation date Early redemption date Early redemption amount Early redemption trigger
09.11.2023 20.11.2023 1000 EUR 100%
09.02.2024 21.02.2024 1000 EUR 100%
09.05.2024 20.05.2024 1000 EUR 100%
09.08.2024 20.08.2024 1000 EUR 100%
12.11.2024 21.11.2024 1000 EUR 100%
10.02.2025 20.02.2025 1000 EUR 100%
09.05.2025 20.05.2025 1000 EUR 100%
11.08.2025 20.08.2025 1000 EUR 100%
10.11.2025 20.11.2025 1000 EUR 100%
09.02.2026 19.02.2026 1000 EUR 100%
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