Santander Global Banks 55-55 Memory Income Autocall Feb 2026 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 20/02/2026

ISIN XS3242372830

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: 2.89% Quarterly (11.56% p.a.)
Income Trigger: 55% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 55% Final level (European style)

MATURITY DATE
22/02/2027

FINAL MATURITY DATE
27/02/2026

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