INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 13/07/2023
ISIN XS2627431369
COUNTERPARTY Société Générale
TYPE Note
RETURN & BARRIERS
Maximum Term: 4 years
Investment Structure: Memory Income Autocall
Autocall Opportunities: Quarterly (First Observation at 12 months)
Knock Out Trigger 90% of initial level then reduced by 5% quarterly (floored at 40%)
Memory Income Rate: USD: 5.15% Quarterly (20.60 % p.a.)
Income Trigger: 40% of initial level
Capital Risk Not capital protected
Capital Protection Barrier: 40% Strike with Geared Put (at maturity)
MATURITY DATE
14/04/2025