MarexClassicEURActive
IT0006764911 · Marex
48m Wof Memory Phoenix Autocall on Enel SpA, Stellantis NV, STMicroelectronics NV in EUR
Coupon per period1%Quarterly
Capital barrier60%At maturity
ObservationJan 29, 2027Coupon observations
MaturityAug 9, 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 (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
| Underlying | Strike | Capital barrier | Coupon barrier | Autocall |
|---|---|---|---|---|
| EnelENEL · EUR | 6.65 | 3.9960% | 3.9960% | 5.85288% |
| StellantisFRSTLA · EUR | 15.628 | 9.376860% | 9.376860% | 13.752688% |
| STMicroelectronicsSTMPA · EUR | 31.06 | 18.63660% | 18.63660% | 27.332888% |
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Open in workspace ↗Observation calendars
Coupon observations · 16
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Oct 29, 2024 | 60% | Not available |
| Jan 29, 2025 | 60% | Not available |
| Apr 29, 2025 | 60% | Not available |
| Jul 29, 2025 | 60% | Not available |
| Oct 29, 2025 | 60% | Not available |
| Jan 29, 2026 | 60% | Not available |
| Apr 29, 2026 | 60% | Not available |
| Jul 29, 2026 | 60% | Not available |
| Oct 29, 2026 | 60% | Not available |
| Jan 29, 2027 | 60% | Not available |
| Apr 29, 2027 | 60% | Not available |
| Jul 29, 2027 | 60% | Not available |
| Oct 29, 2027 | 60% | Not available |
| Jan 31, 2028 | 60% | Not available |
| May 2, 2028 | 60% | Not available |
| Jul 31, 2028 | 60% | Not available |
Autocall observations · 13
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jul 29, 2025 | 100% | Not available |
| Oct 29, 2025 | 98% | Not available |
| Jan 29, 2026 | 96% | Not available |
| Apr 29, 2026 | 94% | Not available |
| Jul 29, 2026 | 92% | Not available |
| Oct 29, 2026 | 90% | Not available |
| Jan 29, 2027 | 88% | Not available |
| Apr 29, 2027 | 86% | Not available |
| Jul 29, 2027 | 84% | Not available |
| Oct 29, 2027 | 82% | Not available |
| Jan 31, 2028 | 80% | Not available |
| May 2, 2028 | 78% | Not available |
| Jul 31, 2028 | 76% | Not available |