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

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 15/06/2026

ISIN XS3291956277

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: 3.5875% Quarterly (14.35% p.a.)
Income Trigger: 50% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
15/09/2026

FINAL MATURITY DATE
15/06/2029