Santander Global Banks 55-55 Memory Income Autocall Sept 2026 GBP

INVESTMENT DESCRIPTION

CURRENCY GBP

STRIKE DATE 23/09/2026

ISIN XS3422062391

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: GBP: 3.2% Quarterly (12.8% p.a)
Income Trigger: 55% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 55% Final level (European style)

MATURITY DATE
27/09/2027

FINAL MATURITY DATE
01/10/2029

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