INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 20/07/2026
ISIN XS3422152549
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: 3.5625% Quarterly (14.25% p.a.)
Income Trigger: 55% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 55% Final level (European style)
MATURITY DATE
20/07/2027
