Santander 85-65 Memory Income Autocall October 2025 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 24/10/2025

ISIN XS3206891809

COUNTERPARTY Santander

TYPE Note

RETURN & BARRIERS
Maximum Term: 5 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: .4.08% Semi-Annual (8.16% p.a.)
Income Trigger: 85% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 65% Final level (European style)

MATURITY DATE
26/10/2026

FINAL MATURITY DATE
31 October 2030