Phoenix Memory Autocall on Visa, Mastercard and American Express

Product Details

ISIN IT0006758111 UNDERLYINGS AMERICAN EXPRESS CO, MASTERCARD INC - A, VISA INC-CLASS A SHARES 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. 9.60% FREQUENCY Quarterly MEMORY EFFECT Yes COUPON BARRIER 60% AUTOCALL BARRIER 100% AUTOCALL AMOUNT 1000 EUR FIRST AUTOCALL DATE 29.07.2024 STRIKE 100% CAPITAL BARRIER 60% BARRIER TYPE European 1032.08BID 1042.09ASK Price on 17:45 CET 1 May 2024

Product Lifecycle

28.07.2023 INITIAL FIXING DATE
25.07.2023 ISSUE DATE
28.07.2026 FINAL FIXING DATE
06.08.2026 MATURITY DATE

Product Documentation

Document Date
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Underlyings

Underlying Bloomberg Ticker Initial fixing Coupon Barrier Level Capital Barrier Level
VISA INC-CLASS A SHARES V UN 235.75 USD 141.45 USD 141.45 USD
MASTERCARD INC - A MA UN 392.96 USD 235.776 USD 235.776 USD
AMERICAN EXPRESS CO AXP UN 165.43 USD 99.258 USD 99.258 USD

Coupon calendar

Observation date Ex-date Payment date Coupon amount Coupon Barrier
30.10.2023 06.11.2023 08.11.2023 24 EUR 60%
29.01.2024 05.02.2024 07.02.2024 24 EUR 60%
29.04.2024 06.05.2024 08.05.2024 24 EUR 60%
29.07.2024 05.08.2024 07.08.2024 24 EUR 60%
28.10.2024 04.11.2024 06.11.2024 24 EUR 60%
28.01.2025 04.02.2025 06.02.2025 24 EUR 60%
28.04.2025 05.05.2025 07.05.2025 24 EUR 60%
28.07.2025 04.08.2025 06.08.2025 24 EUR 60%
28.10.2025 04.11.2025 06.11.2025 24 EUR 60%
28.01.2026 04.02.2026 06.02.2026 24 EUR 60%
28.04.2026 05.05.2026 07.05.2026 24 EUR 60%
28.07.2026 04.08.2026 06.08.2026 24 EUR 60%
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Early redemption calendar

Observation date Early redemption date Early redemption amount Early redemption trigger
29.07.2024 07.08.2024 1000 EUR 100%
28.10.2024 06.11.2024 1000 EUR 100%
28.01.2025 06.02.2025 1000 EUR 100%
28.04.2025 07.05.2025 1000 EUR 100%
28.07.2025 06.08.2025 1000 EUR 100%
28.10.2025 06.11.2025 1000 EUR 100%
28.01.2026 06.02.2026 1000 EUR 100%
28.04.2026 07.05.2026 1000 EUR 100%
28.07.2026 06.08.2026 1000 EUR 100%
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