BBVA US Equity Memory Income Reducing Autocall September 2023 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 15/09/2023

ISIN XS2580075732

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Investment Structure: Memory Income Reducing Autocall
Autocall Opportunities: Quarterly (First Observation at 6 months)
Autocall Trigger: 100% of initial level then reduced by 2.50% per quarter, Floored at 70%
Memory Income Rate: USD = 4.00% Quarterly
Income Trigger: 75% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
15/12/2023