Autocallable With Memory — 26.08% P.A. — 12 months
Alibaba GROUP,Farfetch LTD-CLASS

Underlyings

TICKER
price
Estimates — Buy / Hold / Sell
alibaba group
162.50
100 / 0 / 0
farfetch ltd-class
41.48
100 / 0/ 0

Details

type
autocallable
status
not issued
currency
usd
delivery
physical

Protection

barrier type
european
barrier
70%

Autocall

autocall trigger
100%
observation frequency
quarterly
redemption amount
100%
first obs. in
3 months
autocall step down
100%

Coupon

coupon type
conditional
coupon frequency
quarterly
coupon memory
no
coupon barrier
70%
coupon per annum
26.08%

Coupon & redemption mechanism

At each quarterly observation
If the worst performer is above the Autocall Trigger Level
YES
early redemption: the product redeems at 100%
NO
no early redemption: the product continues
If the worst performer is above the Coupon Barrier Level
YES
coupon: 6.520%
NO
Coupon: 0%
At maturity
If the worst performer is above the protection barrier
YES
the investor receives the 100% invested. and, if the worst performer is above the coupon trigger, the investor receives 6.520% x (1+n)
no
the investor recives the physical delivery of shares of the worst performer at the strike price (or its equivalent in cash)