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

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 24/03/2026

ISIN XS3292010231

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: 3.75% Quarterly (15.00% p.a.)
Income Trigger: 55% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 55% Final level (European style)

MATURITY DATE
24/03/2027

FINAL MATURITY DATE
03/04/2026