INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 22/12/2022
ISIN XS2442491598
COUNTERPARTY BBVA
TYPE Note
RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Drop Down Autocall
Autocall Opportunities: Semi Annual (First Observation at 12 months)
Autocall Trigger: 100% of initial level, then reduced by 5% every 6 months, floored at 90% from 24 months
Coupon Rate: USD: 5.35% Semi Annually (10.70% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)
MATURITY DATE
22/12/2023
