BBVA 80-65 Memory Income Reducing Autocall August 2020 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 18/08/2020

ISIN XS2149970373

TYPE Note

RETURN & BARRIERS
Investment Structure: Memory Income Reducing Autocall
Autocall Opportunities: Quarterly (First Observation at 12 months)
Autocall Trigger: 100% of initial level then reduced by 1% every 3 months
Memory Income Rate: USD = 2.50% Quarterly
Income Trigger: 80% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 65% Final level (European style)

MATURITY DATE
18/08/2021