Santander Memory Income Reducing Autocall August 2026 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 19/08/2026

ISIN XS3422093784

COUNTERPARTY Santander

TYPE Note

RETURN & BARRIERS
Maximum Term: 3 years
Investment Structure: Memory Income Reducing Autocall
Autocall Opportunities: Monthly (First Observation at 3 months)
Autocall Trigger: 95% of initial level reducing 1% per period
Memory Income Rate: USD: 2.0417% Monthly (24.50% p.a.)
Income Trigger: 60% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Geared Put

MATURITY DATE
19/11/2026

FINAL MATURITY DATE
19/08/2029

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