BBVA US Infrastructure Hybrid Income Autocall Dec 2021 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 16/12/2021

ISIN XS2317530447

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Maximum Term: 4 years
Investment Structure: Hybrid Memory Income Autocall
Income Trigger: 50% of initial level
Income Rate: GBP = 1.95% Quarterly (7.80% p.a.)
Autocall Opportunities: Quarterly (First Observation at 12 months)
Autocall Trigger: 100% of initial level
Autocall Coupon Rate: USD= 1.00% Quarterly (4.00% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
16/12/2022