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MarexClassicEURNo longer listed

IT0006756248 · Marex

42m Wof Memory Phoenix Autocall on Pfizer Inc, Merck & Co Inc, Sanofi SA in EUR

Pfizer / Merck & Co. / Sanofi

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

UnderlyingStrikeCapital barrierCoupon barrierAutocall
PfizerPFE · USD39.8519.92550%19.92550%39.85100%
Merck & Co.MRK · USD114.1757.08550%57.08550%114.17100%
SanofiSAN · EUR101.550.7550%50.7550%101.5100%

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Observation calendars

Coupon observations · 7
ObservationLevel (% of strike)Payment
Oct 20, 202350%Not available
Apr 22, 202450%Not available
Oct 21, 202450%Not available
Apr 22, 202550%Not available
Oct 20, 202550%Not available
Apr 20, 202650%Not available
Oct 20, 202650%Not available
Autocall observations · 5
ObservationLevel (% of strike)Payment
Oct 21, 2024100%Not available
Apr 22, 202598%Not available
Oct 20, 202596%Not available
Apr 20, 202694%Not available
Oct 20, 202692%Not available