IT0006775651 · Marex
14m Wof Memory Phoenix Autocall on Banco BPM SpA, Barclays PLC, Societe Generale SA, Commerzbank AG in EUR
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 (55% of its initial level).
The next published autocall level is 86% 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 |
|---|---|---|---|---|
| Banco BPMBAMI · EUR | 13.33 | 7.331555% | 7.331555% | 11.463886% |
| BarclaysBARC · GBP | 434.7 | 239.08555% | 239.08555% | 373.84286% |
| Société GénéraleGLE · EUR | 67.46 | 37.10355% | 37.10355% | 58.015686% |
| CommerzbankCBK · EUR | 36.63 | 20.146555% | 20.146555% | 31.501886% |
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Open in workspace ↗Observation calendars
Coupon observations · 7
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jul 14, 2026 | 55% | Not available |
| Sep 14, 2026 | 55% | Not available |
| Nov 16, 2026 | 55% | Not available |
| Jan 14, 2027 | 55% | Not available |
| Mar 15, 2027 | 55% | Not available |
| May 14, 2027 | 55% | Not available |
| Jul 14, 2027 | 55% | Not available |
Autocall observations · 7
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jul 14, 2026 | 92% | Not available |
| Sep 14, 2026 | 86% | Not available |
| Nov 16, 2026 | 80% | Not available |
| Jan 14, 2027 | 74% | Not available |
| Mar 15, 2027 | 68% | Not available |
| May 14, 2027 | 62% | Not available |
| Jul 14, 2027 | 56% | Not available |