Phoenix Memory Autocall on Volkswagen, Nestle and Snam

Product Details

ISIN IT0006761552 UNDERLYINGS NESTLE SA-REG, SNAM SPA, VOLKSWAGEN AG-PREF 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. 8.10% FREQUENCY Trimestrale MEMORY EFFECT Si COUPON BARRIER 50% AUTOCALL BARRIER 100% AUTOCALL AMOUNT 1000 EUR FIRST AUTOCALL DATE 23.10.2024 STRIKE 100% CAPITAL BARRIER 50% BARRIER TYPE Europea 948.10BID 951.60ASK Price on 17:45 CET 1 May 2024

Product Lifecycle

23.01.2024 INITIAL FIXING DATE
15.01.2024 ISSUE DATE
23.07.2027 FINAL FIXING DATE
03.08.2027 MATURITY DATE

Product Documentation

Document Date
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KID in ITA - Download Download Icon

Underlyings

Underlying Bloomberg Ticker Initial fixing Coupon Barrier Level Capital Barrier Level
VOLKSWAGEN AG-PREF VOW3 GY 113.78 EUR 56.89 EUR 56.89 EUR
NESTLE SA-REG NESN SW 95.90 CHF 47.95 CHF 47.95 CHF
SNAM SPA SRG IM 4.607 EUR 2.3035 EUR 2.3035 EUR

Coupon calendar

Observation date Ex-date Payment date Coupon amount Coupon Barrier
23.04.2024 30.04.2024 03.05.2024 20.25 EUR 50%
23.07.2024 30.07.2024 01.08.2024 20.25 EUR 50%
23.10.2024 30.10.2024 01.11.2024 20.25 EUR 50%
23.01.2025 30.01.2025 03.02.2025 20.25 EUR 50%
23.04.2025 30.04.2025 05.05.2025 20.25 EUR 50%
23.07.2025 30.07.2025 01.08.2025 20.25 EUR 50%
23.10.2025 30.10.2025 03.11.2025 20.25 EUR 50%
23.01.2026 30.01.2026 03.02.2026 20.25 EUR 50%
23.04.2026 04.05.2026 06.05.2026 20.25 EUR 50%
23.07.2026 30.07.2026 03.08.2026 20.25 EUR 50%
23.10.2026 30.10.2026 03.11.2026 20.25 EUR 50%
25.01.2027 01.02.2027 03.02.2027 20.25 EUR 50%
23.04.2027 30.04.2027 04.05.2027 20.25 EUR 50%
23.07.2027 30.07.2027 03.08.2027 20.25 EUR 50%
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Early redemption calendar

Observation date Early redemption date Early redemption amount Early redemption trigger
23.10.2024 01.11.2024 1000 EUR 100%
23.01.2025 03.02.2025 1000 EUR 97%
23.04.2025 05.05.2025 1000 EUR 94%
23.07.2025 01.08.2025 1000 EUR 91%
23.10.2025 03.11.2025 1000 EUR 88%
23.01.2026 03.02.2026 1000 EUR 85%
23.04.2026 06.05.2026 1000 EUR 82%
23.07.2026 03.08.2026 1000 EUR 79%
23.10.2026 03.11.2026 1000 EUR 76%
25.01.2027 03.02.2027 1000 EUR 73%
23.04.2027 04.05.2027 1000 EUR 70%
23.07.2027 03.08.2027 1000 EUR 67%
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