Santander Global Banks 50-50 Memory Income Autocall Feb 2026 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 13/02/2026

ISIN XS3242380692

COUNTERPARTY Santander

TYPE Note

RETURN & BARRIERS
Maximum Term: 3 Years
Investment Structure: Memory Income Autocall
Autocall Opportunities: Quarterly (First Observation at 12 months)
Autocall Trigger: 95% of initial level
Memory Income Rate: USD: 4.3125% Quarterly (17.25% p.a.)
Income Trigger: 50% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
13/02/2027

FINAL MATURITY DATE
20/02/2029

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