Santander 70-60 Memory Income Autocall Nov 2024 GBP

INVESTMENT DESCRIPTION

CURRENCY GBP

STRIKE DATE 12/11/2024

ISIN XS2922141465

COUNTERPARTY Santander

TYPE Note

RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Memory Income Autocall
Autocall Opportunities: Semi-Annually
(First Observation at 12 months)
Autocall Trigger: 100% of initial level
Memory Income Rate: GBP: 3.00% Semi-Annually (6.00% p.a.)
Income Trigger: 70% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)

MATURITY DATE
12/05/2025

FINAL MATURITY DATE
12/11/2030