INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 29/01/2026
ISIN XS3242392358
COUNTERPARTY Santander
TYPE Note
RETURN & BARRIERS
Maximum Term: 3 Years
Investment Structure: Memory Income Autocall
Autocall Opportunities: Quarterly (First Observation at 12 months)
Autocall Trigger: 95% of initial level
Memory Income Rate: USD: 4.75% Quarterly (19.00% p.a.)
Income Trigger: 55% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 55% Final level (European style)
MATURITY DATE
29/01/2027
FINAL MATURITY DATE
05/02/2029
