Soc Gen Bank Memory Knock-out Reducing Autocall Apr 2023 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 12/04/2023

ISIN XS2593211589

COUNTERPARTY Societe Generale

TYPE Note

RETURN & BARRIERS
Maximum Term: 4 years
Investment Structure: Memory Knock Out Reducing Autocall
Autocall Opportunities: Quarterly (First Observation at 6 months)
Reducing Knock Out Trigger: 95% of initial level reducing 2.50% per quarter (capped at 70%)
Coupon Rate: USD: 3.93% Quarterly (15.72% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
12/10/2023

DOWNLOADS