IT0006776675 · Natixis
2Y INVERSE PHOENIX MEMORY Best Of on ARM UW NVDA UW INTC UW
Reverse structure: the applicable conditions require no underlying to be above the relevant level. Published levels are shown without conversion.
How to read this structure
On the coupon observation dates, the conditional payment requires every underlying to be at or below the published coupon barrier (150% of its initial level).
The next published autocall level is 100% of the initial levels. Automatic redemption depends on every underlying being at or below 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 |
|---|---|---|---|---|
| ArmARM · EUR | 300.24 | 450.36150% | 450.36150% | 300.24100% |
| NvidiaNVDA · EUR | 204.12 | 306.18150% | 306.18150% | 204.12100% |
| IntelINTC · EUR | 110.24 | 165.36150% | 165.36150% | 110.24100% |
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Open in workspace ↗Observation calendars
Coupon observations · 24
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Aug 10, 2026 | 150% | Aug 19, 2026 |
| Sep 8, 2026 | 150% | Sep 17, 2026 |
| Oct 8, 2026 | 150% | Oct 19, 2026 |
| Nov 9, 2026 | 150% | Nov 18, 2026 |
| Dec 8, 2026 | 150% | Dec 17, 2026 |
| Jan 8, 2027 | 150% | Jan 19, 2027 |
| Feb 8, 2027 | 150% | Feb 17, 2027 |
| Mar 8, 2027 | 150% | Mar 17, 2027 |
| Apr 8, 2027 | 150% | Apr 19, 2027 |
| May 10, 2027 | 150% | May 19, 2027 |
| Jun 8, 2027 | 150% | Jun 17, 2027 |
| Jul 8, 2027 | 150% | Jul 19, 2027 |
| Aug 9, 2027 | 150% | Aug 18, 2027 |
| Sep 8, 2027 | 150% | Sep 17, 2027 |
| Oct 8, 2027 | 150% | Oct 19, 2027 |
| Nov 8, 2027 | 150% | Nov 17, 2027 |
| Dec 8, 2027 | 150% | Dec 17, 2027 |
| Jan 10, 2028 | 150% | Jan 19, 2028 |
| Feb 8, 2028 | 150% | Feb 17, 2028 |
| Mar 8, 2028 | 150% | Mar 17, 2028 |
| Apr 10, 2028 | 150% | Apr 21, 2028 |
| May 8, 2028 | 150% | May 17, 2028 |
| Jun 8, 2028 | 150% | Jun 19, 2028 |
| Jul 10, 2028 | 150% | Jul 19, 2028 |
Autocall observations · 19
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jan 8, 2027 | 100% | Jan 19, 2027 |
| Feb 8, 2027 | 100% | Feb 17, 2027 |
| Mar 8, 2027 | 100% | Mar 17, 2027 |
| Apr 8, 2027 | 100% | Apr 19, 2027 |
| May 10, 2027 | 100% | May 19, 2027 |
| Jun 8, 2027 | 100% | Jun 17, 2027 |
| Jul 8, 2027 | 100% | Jul 19, 2027 |
| Aug 9, 2027 | 100% | Aug 18, 2027 |
| Sep 8, 2027 | 100% | Sep 17, 2027 |
| Oct 8, 2027 | 100% | Oct 19, 2027 |
| Nov 8, 2027 | 100% | Nov 17, 2027 |
| Dec 8, 2027 | 100% | Dec 17, 2027 |
| Jan 10, 2028 | 100% | Jan 19, 2028 |
| Feb 8, 2028 | 100% | Feb 17, 2028 |
| Mar 8, 2028 | 100% | Mar 17, 2028 |
| Apr 10, 2028 | 100% | Apr 21, 2028 |
| May 8, 2028 | 100% | May 17, 2028 |
| Jun 8, 2028 | 100% | Jun 19, 2028 |
| Jul 10, 2028 | 100% | Jul 19, 2028 |