IT0006775941 · Marex
63m Wof Memory Phoenix Autocall on Snam SpA, Ferrari NV, BNP Paribas SA, Banco BPM SpA 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 (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
| Underlying | Strike | Capital barrier | Coupon barrier | Autocall |
|---|---|---|---|---|
| SnamSRG · EUR | 6.268 | 3.13450% | 3.13450% | 6.268100% |
| FerrariRACE · EUR | 293.65 | 146.82550% | 146.82550% | 293.65100% |
| BNP ParibasBNP · EUR | 91.76 | 45.8850% | 45.8850% | 91.76100% |
| Banco BPMBAMI · EUR | 13.4 | 6.750% | 6.750% | 13.4100% |
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Open in workspace ↗Observation calendars
Coupon observations · 21
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Aug 28, 2026 | 50% | Not available |
| Nov 30, 2026 | 50% | Not available |
| Mar 1, 2027 | 50% | Not available |
| May 28, 2027 | 50% | Not available |
| Aug 30, 2027 | 50% | Not available |
| Nov 29, 2027 | 50% | Not available |
| Feb 28, 2028 | 50% | Not available |
| May 29, 2028 | 50% | Not available |
| Aug 28, 2028 | 50% | Not available |
| Nov 28, 2028 | 50% | Not available |
| Feb 28, 2029 | 50% | Not available |
| May 28, 2029 | 50% | Not available |
| Aug 28, 2029 | 50% | Not available |
| Nov 28, 2029 | 50% | Not available |
| Feb 28, 2030 | 50% | Not available |
| May 28, 2030 | 50% | Not available |
| Aug 28, 2030 | 50% | Not available |
| Nov 28, 2030 | 50% | Not available |
| Feb 28, 2031 | 50% | Not available |
| May 28, 2031 | 50% | Not available |
| Aug 28, 2031 | 50% | Not available |
Autocall observations · 20
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Nov 30, 2026 | 100% | Not available |
| Mar 1, 2027 | 98% | Not available |
| May 28, 2027 | 96% | Not available |
| Aug 30, 2027 | 94% | Not available |
| Nov 29, 2027 | 92% | Not available |
| Feb 28, 2028 | 90% | Not available |
| May 29, 2028 | 88% | Not available |
| Aug 28, 2028 | 86% | Not available |
| Nov 28, 2028 | 84% | Not available |
| Feb 28, 2029 | 82% | Not available |
| May 28, 2029 | 80% | Not available |
| Aug 28, 2029 | 78% | Not available |
| Nov 28, 2029 | 76% | Not available |
| Feb 28, 2030 | 74% | Not available |
| May 28, 2030 | 72% | Not available |
| Aug 28, 2030 | 70% | Not available |
| Nov 28, 2030 | 68% | Not available |
| Feb 28, 2031 | 66% | Not available |
| May 28, 2031 | 64% | Not available |
| Aug 28, 2031 | 62% | Not available |