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LeonteqClassicEURActive

CH1390861024 · Leonteq

Certificato Express

Merck KGaA / Pfizer

Coupon per period1.713%Quarterly
Capital barrier65%At maturity
ObservationNov 23, 2026Coupon observations
MaturityNov 22, 2028Payment

How to read this structure

On the coupon observation dates, the conditional payment requires every underlying to be at or above the published coupon barrier (65% of its initial level).

The next published autocall level is 95% of the initial levels. Automatic redemption depends on every underlying being at or above its applicable level on the observation date. Later levels and dates are listed in the calendar.

These conditions do not describe every feature of the final repayment. The official documents define the complete payoff, costs, issuer risk, and any exceptions.

Underlyings and levels

UnderlyingStrikeCapital barrierCoupon barrierAutocall
Merck KGaAMRK · EUR141.7592.137565%92.137565%134.662595%
PfizerPFE · USD25.6516.672565%16.672565%24.367595%

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Observation calendars

Coupon observations · 16
ObservationLevel (% of strike)Payment
Feb 24, 202565%Mar 3, 2025
May 22, 202565%May 29, 2025
Aug 22, 202565%Aug 29, 2025
Nov 24, 202565%Dec 1, 2025
Feb 23, 202665%Mar 2, 2026
May 22, 202665%May 29, 2026
Aug 24, 202665%Aug 31, 2026
Nov 23, 202665%Nov 30, 2026
Feb 22, 202765%Mar 1, 2027
May 24, 202765%May 31, 2027
Aug 23, 202765%Aug 30, 2027
Nov 22, 202765%Nov 29, 2027
Feb 22, 202865%Feb 29, 2028
May 22, 202865%May 29, 2028
Aug 22, 202865%Aug 29, 2028
Nov 22, 202865%Nov 29, 2028
Autocall observations · 12
ObservationLevel (% of strike)Payment
Nov 24, 2025100%Not available
Feb 23, 2026100%Not available
May 22, 2026100%Not available
Aug 24, 2026100%Not available
Nov 23, 202695%Not available
Feb 22, 202795%Not available
May 24, 202795%Not available
Aug 23, 202795%Not available
Nov 22, 202790%Not available
Feb 22, 202890%Not available
May 22, 202890%Not available
Aug 22, 202890%Not available