MarexClassicEURNo longer listed
IT0006756248 · Marex
42m Wof Memory Phoenix Autocall on Pfizer Inc, Merck & Co Inc, Sanofi SA in EUR
Coupon per period3.7%Semiannual
Capital barrier50%At maturity
ObservationOct 20, 2023Coupon observations
MaturityOct 29, 2026Payment
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 (50% of its initial level).
The next published autocall level is 100% 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 |
|---|---|---|---|---|
| PfizerPFE · USD | 39.85 | 19.92550% | 19.92550% | 39.85100% |
| Merck & Co.MRK · USD | 114.17 | 57.08550% | 57.08550% | 114.17100% |
| SanofiSAN · EUR | 101.5 | 50.7550% | 50.7550% | 101.5100% |
Prices and distances require current market data. Open the workspace for market information and your personal tools.
Open in workspace ↗Observation calendars
Coupon observations · 7
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Oct 20, 2023 | 50% | Not available |
| Apr 22, 2024 | 50% | Not available |
| Oct 21, 2024 | 50% | Not available |
| Apr 22, 2025 | 50% | Not available |
| Oct 20, 2025 | 50% | Not available |
| Apr 20, 2026 | 50% | Not available |
| Oct 20, 2026 | 50% | Not available |
Autocall observations · 5
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Oct 21, 2024 | 100% | Not available |
| Apr 22, 2025 | 98% | Not available |
| Oct 20, 2025 | 96% | Not available |
| Apr 20, 2026 | 94% | Not available |
| Oct 20, 2026 | 92% | Not available |