Commerzbank 80-60 Catch-Up Income & Reducing Autocall Nov 2018 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 21/11/2018

ISIN XS1728626323

COUNTERPARTY Commerzbank

TYPE Note

RETURN & BARRIERS
Investment Structure: Semi-Annual Memory Income Autocall
Autocall Opportunities: Semi-Annual (First Observation at 24 months)
Autocall Trigger: 100% of initial level then reduced by 2.5% each semester
Memory Income Rate: USD = 3.70% Semi-Annual (7.40% p.a.)
Income Trigger: 80% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)

MATURITY DATE
23/11/2020