Soc-Gen Memory Income Reducing Autocall September 2024 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 26/09/2024

ISIN XS2881880848

COUNTERPARTY Societe Generale

TYPE Note

RETURN & BARRIERS
Maximum Term: 4 years
Investment Structure: Memory Income Autocall
Autocall Opportunities: Quarterly
(First Observation at 6 months)
Knock-Out Trigger: 100% of initial level then reduced by 2.00% quarterly
Memory Income Rate: USD: 3.50% Quarterly (14.00% p.a.)
Income Trigger: 60% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Geared Put

MATURITY DATE
26/06/2025