BBVA European Banks Defensive Autocall May 2021 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 19/05/2021

ISIN XS2269097536

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Investment Structure: Defensive Autocall
Autocall Opportunities: Quarterly (First Observation at 6 months)
Autocall Trigger: 95% of initial level
Coupon Rate: USD = 4.00% Quarterly (16% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
21/02/2022