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MarexClassicEURActive

IT0006762691 · Marex

42m Wof Memory Phoenix Autocall on STMicroelectronics NV, UniCredit SpA, Banco BPM SpA, Stellantis NV in EUR

UniCredit / Banco BPM / Stellantis / STMicroelectronics

Maxi coupon20%One-off payment
Capital barrier50%At maturity
ObservationDec 14, 2026Maxi coupon
MaturitySep 23, 2027Payment

The maxi coupon is a separate payment. Its observation and payment dates are shown separately from any recurring coupons. Observation: Not available. Payment: Not available.

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 (60% of its initial level).

The next published autocall level is 88% 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
UniCreditUCG · EUR32.20516.102550%19.32360%28.340488%
Banco BPMBAMI · EUR5.6142.80750%3.368460%4.940388%
StellantisFRSTLA · EUR25.3712.68550%15.22260%22.325688%
STMicroelectronicsSTMPA · EUR42.87521.437550%25.72560%37.7388%

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Observation calendars

Coupon observations · 14
ObservationLevel (% of strike)Payment
Apr 15, 20240%Not available
Sep 16, 202460%Not available
Dec 16, 202460%Not available
Mar 14, 202560%Not available
Jun 16, 202560%Not available
Sep 15, 202560%Not available
Dec 15, 202560%Not available
Mar 16, 202660%Not available
Jun 15, 202660%Not available
Sep 14, 202660%Not available
Dec 14, 202660%Not available
Mar 15, 202760%Not available
Jun 14, 202760%Not available
Sep 14, 202760%Not available
Autocall observations · 10
ObservationLevel (% of strike)Payment
Jun 16, 2025100%Not available
Sep 15, 202598%Not available
Dec 15, 202596%Not available
Mar 16, 202694%Not available
Jun 15, 202692%Not available
Sep 14, 202690%Not available
Dec 14, 202688%Not available
Mar 15, 202786%Not available
Jun 14, 202784%Not available
Sep 14, 202782%Not available