IT0006776683 · Natixis
3Y MAXI COUPON PHOENIX MEMORY WO on MRNA UW NOVOB DC SAN FP PFE UN
The maxi coupon is a separate payment. Its observation and payment dates are shown separately from any recurring coupons. Observation: Not available. Payment: Not available.
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 94% 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 |
|---|---|---|---|---|
| ModernaMRNA · EUR | 67.44 | 33.7250% | 33.7250% | 63.393694% |
| Novo Nordisk A/SNOVOB · EUR | 319.7 | 159.8550% | 159.8550% | 300.51894% |
| PfizerPFE · EUR | 24.25 | 12.12550% | 12.12550% | 22.79594% |
| SanofiSAN · EUR | 75.5 | 37.7550% | 37.7550% | 70.9794% |
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Open in workspace ↗Observation calendars
Coupon observations · 11
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Oct 14, 2026 | Not available | Oct 23, 2026 |
| Jan 14, 2027 | 50% | Jan 25, 2027 |
| Apr 14, 2027 | 50% | Apr 23, 2027 |
| Jul 14, 2027 | 50% | Jul 23, 2027 |
| Oct 14, 2027 | 0% | Oct 25, 2027 |
| Jan 14, 2028 | 50% | Jan 25, 2028 |
| Apr 18, 2028 | 50% | Apr 27, 2028 |
| Jul 14, 2028 | 50% | Jul 25, 2028 |
| Oct 16, 2028 | 50% | Oct 25, 2028 |
| Apr 16, 2029 | 50% | Apr 25, 2029 |
| Jul 16, 2029 | 50% | Jul 25, 2029 |
Autocall observations · 11
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Oct 14, 2026 | 95% | Oct 23, 2026 |
| Jan 14, 2027 | 94% | Jan 25, 2027 |
| Apr 14, 2027 | 93% | Apr 23, 2027 |
| Jul 14, 2027 | 92% | Jul 23, 2027 |
| Oct 14, 2027 | 91% | Oct 25, 2027 |
| Jan 14, 2028 | 90% | Jan 25, 2028 |
| Apr 18, 2028 | 89% | Apr 27, 2028 |
| Jul 14, 2028 | 88% | Jul 25, 2028 |
| Oct 16, 2028 | 87% | Oct 25, 2028 |
| Apr 16, 2029 | 85% | Apr 25, 2029 |
| Jul 16, 2029 | 84% | Jul 25, 2029 |