DE000UM20WW4 · UBS
9.00% p.a. Worst-of Express Certificate with Memory Coupon on Eni S.p.A., Stellantis N.V., Intesa Sanpaolo S.p.A. and FinecoBank Banca Fineco S.p.A.
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 (90% of its initial level).
The next published autocall level is 90% 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
| Underlying | Strike | Capital barrier | Coupon barrier | Autocall |
|---|---|---|---|---|
| Intesa SanpaoloISP · EUR | 1.903 | 1.903100% | 1.712790% | 1.712790% |
| EniENI · EUR | 8.713 | 8.713100% | 7.841790% | 7.841790% |
| FinecoFBK · EUR | 7.935 | 7.935100% | 7.141590% | 7.141590% |
| StellantisFRSTLA · EUR | 15.22 | 15.22100% | 13.69890% | 13.69890% |
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Open in workspace ↗Observation calendars
Coupon observations · 16
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jun 14, 2024 | 100% | Jun 14, 2024 |
| Sep 16, 2024 | 100% | Sep 16, 2024 |
| Dec 16, 2024 | 100% | Dec 16, 2024 |
| Mar 14, 2025 | 100% | Mar 14, 2025 |
| Jun 16, 2025 | 95% | Jun 16, 2025 |
| Sep 15, 2025 | 95% | Sep 15, 2025 |
| Dec 15, 2025 | 95% | Dec 15, 2025 |
| Mar 16, 2026 | 95% | Mar 16, 2026 |
| Jun 15, 2026 | 90% | Jun 15, 2026 |
| Sep 14, 2026 | 90% | Sep 14, 2026 |
| Dec 14, 2026 | 90% | Dec 14, 2026 |
| Mar 15, 2027 | 90% | Mar 15, 2027 |
| Jun 14, 2027 | 85% | Jun 14, 2027 |
| Sep 14, 2027 | 85% | Sep 14, 2027 |
| Dec 14, 2027 | Not available | Dec 14, 2027 |
| Mar 14, 2028 | Not available | Mar 14, 2028 |
Autocall observations · 14
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Sep 16, 2024 | 100% | Not available |
| Dec 16, 2024 | 100% | Not available |
| Mar 14, 2025 | 100% | Not available |
| Jun 16, 2025 | 100% | Not available |
| Sep 15, 2025 | 95% | Not available |
| Dec 15, 2025 | 95% | Not available |
| Mar 16, 2026 | 95% | Not available |
| Jun 15, 2026 | 95% | Not available |
| Sep 14, 2026 | 90% | Not available |
| Dec 14, 2026 | 90% | Not available |
| Mar 15, 2027 | 90% | Not available |
| Jun 14, 2027 | 90% | Not available |
| Sep 14, 2027 | 85% | Not available |
| Dec 14, 2027 | 85% | Not available |