BBVA US Stock 50-50 Memory Income Defensive Autocall Dec 2020 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 15/12/2020

ISIN XS2204025501

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Investment Structure: Memory Income Autocall
Autocall Opportunities: Quarterly (First Observation at 12 months)
Autocall Trigger: 90% of initial level
Memory Income Rate: USD = 3.86% Quarterly
Income Trigger: 50% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
16/12/2024