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