INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 22/08/2025
ISIN XS3109492564
COUNTERPARTY Santander
TYPE Note
RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Low Hurdle Autocall
Autocall Opportunities: Quarterly (First Observation at 12 months)
Autocall Trigger: 100% of initial level, with a Low Hurdle of 80% at Maturity
Coupon Rate: USD: 2.50% Quarterly (10.00% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)
MATURITY DATE
21/08/2026
