Santander 85-60 Memory Income Autocall USD December 2024

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 10/12/2024

ISIN XS2922139139

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: USD: 5.00% Semi-Annual (10.00% p.a.)
Income Trigger: 85% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)

MATURITY DATE
10/12/2025