BBVA US Tech Low Hurdle Autocall Nov 2023 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 21/11/2023

ISIN XS2641306894

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Maximum Term: 4 years
Investment Structure: Low Hurdle Autocall
Autocall Opportunities: Quarterly (First Observation at 6 months)
Autocall Trigger: 95% of initial level, reduced to 70% on the Final Observation
Coupon Rate: USD: 6.00% Quarterly (24.00% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
22/05/2024