BBVA 80-70 Hybrid Memory Income Autocall Dec 2021 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 07/12/2021

ISIN XS2317536212

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Hybrid Memory Income Autocall
Income Trigger: 80% of initial level
Income Rate: USD= 2.16% Semi Annually (4.32% p.a.)
Autocall Opportunities: Semi Annually (First Observation at 24 months)
Autocall Trigger: 100% of initial level
Autocall Coupon Rate: USD = 1.00% Semi Annually (2.00% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 70% Final level (European style)

MATURITY DATE
07/06/2024