INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 21/11/2025
ISIN XS3211805661
COUNTERPARTY Morgan Stanley
TYPE Note
RETURN & BARRIERS
Maximum Term: 5 years
Investment Structure: Switch To Autocall
Autocall Opportunities: Annual
(First Observation at 36 months)
Autocall Trigger: 100% of initial level
Coupon Rate: USD: 10.25% p.a.
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style) with a Switch To an Equally Weighted Basket if breached
MATURITY DATE
21/11/2028
FINAL MATURITY DATE
28/11/2030
