Santander Global Banks 55-55 Memory Income Autocall Aug 2026 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 21/08/2026

ISIN XS3422098825

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: 3.575% Quarterly (14.30% p.a.)
Income Trigger: 55% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 55% Final level (European style)

MATURITY DATE
23/08/2027

FINAL MATURITY DATE
28/08/2029