IT0006777921 · Marex
19m Wof Memory Phoenix Autocall on Banco BPM SpA, Societe Generale SA, Deutsche Bank AG, Citigroup Inc 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 93% 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 | 16.725 | 8.362550% | 8.362550% | 15.554393% |
| Société GénéraleGLE · EUR | 80.05 | 40.02550% | 40.02550% | 74.446593% |
| Deutsche BankDBK · EUR | 32.805 | 16.402550% | 16.402550% | 30.508793% |
| CitigroupC · USD | 137.65 | 68.82550% | 68.82550% | 128.014593% |
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Open in workspace ↗Observation calendars
Coupon observations · 19
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Sep 21, 2026 | 50% | Not available |
| Oct 19, 2026 | 50% | Not available |
| Nov 19, 2026 | 50% | Not available |
| Dec 21, 2026 | 50% | Not available |
| Jan 19, 2027 | 50% | Not available |
| Feb 19, 2027 | 50% | Not available |
| Mar 19, 2027 | 50% | Not available |
| Apr 19, 2027 | 50% | Not available |
| May 19, 2027 | 50% | Not available |
| Jun 21, 2027 | 50% | Not available |
| Jul 19, 2027 | 50% | Not available |
| Aug 19, 2027 | 50% | Not available |
| Sep 20, 2027 | 50% | Not available |
| Oct 19, 2027 | 50% | Not available |
| Nov 19, 2027 | 50% | Not available |
| Dec 20, 2027 | 50% | Not available |
| Jan 19, 2028 | 50% | Not available |
| Feb 22, 2028 | 50% | Not available |
| Mar 20, 2028 | 50% | Not available |
Autocall observations · 19
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Sep 21, 2026 | 96% | Not available |
| Oct 19, 2026 | 94.5% | Not available |
| Nov 19, 2026 | 93% | Not available |
| Dec 21, 2026 | 91.5% | Not available |
| Jan 19, 2027 | 90% | Not available |
| Feb 19, 2027 | 88.5% | Not available |
| Mar 19, 2027 | 87% | Not available |
| Apr 19, 2027 | 85.5% | Not available |
| May 19, 2027 | 84% | Not available |
| Jun 21, 2027 | 82.5% | Not available |
| Jul 19, 2027 | 81% | Not available |
| Aug 19, 2027 | 79.5% | Not available |
| Sep 20, 2027 | 78% | Not available |
| Oct 19, 2027 | 76.5% | Not available |
| Nov 19, 2027 | 75% | Not available |
| Dec 20, 2027 | 73.5% | Not available |
| Jan 19, 2028 | 72% | Not available |
| Feb 22, 2028 | 70.5% | Not available |
| Mar 20, 2028 | 69% | Not available |