IT0006775867 · Marex
12m Wof Memory Phoenix Autocall on Banca Monte dei Paschi di Sien, Leonardo SpA, Siemens Energy AG, Stellantis NV 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 (60% of its initial level).
The next published autocall level is 81% 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 |
|---|---|---|---|---|
| Banca Monte dei Paschi di SienaBMPS · EUR | 8.62 | 5.17260% | 5.17260% | 6.982281% |
| LeonardoLDO · EUR | 52.16 | 31.29660% | 31.29660% | 42.249681% |
| Siemens EnergyENR · EUR | 174.32 | 104.59260% | 104.59260% | 141.199281% |
| StellantisFRSTLA · EUR | 6.437 | 3.862260% | 3.862260% | 5.21481% |
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Open in workspace ↗Observation calendars
Coupon observations · 12
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jun 22, 2026 | 60% | Not available |
| Jul 20, 2026 | 60% | Not available |
| Aug 20, 2026 | 60% | Not available |
| Sep 21, 2026 | 60% | Not available |
| Oct 20, 2026 | 60% | Not available |
| Nov 20, 2026 | 60% | Not available |
| Dec 21, 2026 | 60% | Not available |
| Jan 20, 2027 | 60% | Not available |
| Feb 22, 2027 | 60% | Not available |
| Mar 22, 2027 | 60% | Not available |
| Apr 20, 2027 | 60% | Not available |
| May 20, 2027 | 60% | Not available |
Autocall observations · 10
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Aug 20, 2026 | 90% | Not available |
| Sep 21, 2026 | 87% | Not available |
| Oct 20, 2026 | 84% | Not available |
| Nov 20, 2026 | 81% | Not available |
| Dec 21, 2026 | 78% | Not available |
| Jan 20, 2027 | 75% | Not available |
| Feb 22, 2027 | 72% | Not available |
| Mar 22, 2027 | 69% | Not available |
| Apr 20, 2027 | 66% | Not available |
| May 20, 2027 | 63% | Not available |