Santander 75-60 Memory Income Autocall February 2025 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 14/02/2025

ISIN XS2992309372

COUNTERPARTY Santander

TYPE Note

RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Memory Income Autocall
Autocall Opportunities: Quarterly
(First Observation at 12 months)
Autocall Trigger: 100% of initial level
Memory Income Rate: USD: 1.8875% Quarterly (7.55% p.a.)
Income Trigger: 75% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)

MATURITY DATE
17/02/2026