IT0006779539 · Marex
21m Wof Memory Phoenix Autocallable on Banco BPM SpA, UniCredit SpA, Societe Generale SA, Deutsche Bank AG, Barclays PLC 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 96% 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 | 14.03 | 7.716555% | 8.41860% | 13.468896% |
| UniCreditUCG · EUR | 75.14 | 41.32755% | 45.08460% | 72.134496% |
| Société GénéraleGLE · EUR | 64.6 | 35.5355% | 38.7660% | 62.01696% |
| Deutsche BankDBK · EUR | 29.12 | 16.01655% | 17.47260% | 27.955296% |
| BarclaysBARC · EUR | 432.4 | 237.8255% | 259.4460% | 415.10496% |
Prices and distances require current market data. Open the workspace for market information and your personal tools.
Open in workspace ↗Observation calendars
Coupon observations · 21
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Nov 16, 2026 | 60% | Not available |
| Dec 15, 2026 | 60% | Not available |
| Jan 15, 2027 | 60% | Not available |
| Feb 15, 2027 | 60% | Not available |
| Mar 15, 2027 | 60% | Not available |
| Apr 15, 2027 | 60% | Not available |
| May 17, 2027 | 60% | Not available |
| Jun 15, 2027 | 60% | Not available |
| Jul 15, 2027 | 60% | Not available |
| Aug 16, 2027 | 60% | Not available |
| Sep 15, 2027 | 60% | Not available |
| Oct 15, 2027 | 60% | Not available |
| Nov 15, 2027 | 60% | Not available |
| Dec 15, 2027 | 60% | Not available |
| Jan 17, 2028 | 60% | Not available |
| Feb 15, 2028 | 60% | Not available |
| Mar 15, 2028 | 60% | Not available |
| Apr 18, 2028 | 60% | Not available |
| May 15, 2028 | 60% | Not available |
| Jun 15, 2028 | 60% | Not available |
| Jul 17, 2028 | 60% | Not available |
Autocall observations · 19
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jan 15, 2027 | 96% | Not available |
| Feb 15, 2027 | 94% | Not available |
| Mar 15, 2027 | 92% | Not available |
| Apr 15, 2027 | 90% | Not available |
| May 17, 2027 | 88% | Not available |
| Jun 15, 2027 | 86% | Not available |
| Jul 15, 2027 | 84% | Not available |
| Aug 16, 2027 | 82% | Not available |
| Sep 15, 2027 | 80% | Not available |
| Oct 15, 2027 | 78% | Not available |
| Nov 15, 2027 | 76% | Not available |
| Dec 15, 2027 | 74% | Not available |
| Jan 17, 2028 | 72% | Not available |
| Feb 15, 2028 | 70% | Not available |
| Mar 15, 2028 | 68% | Not available |
| Apr 18, 2028 | 66% | Not available |
| May 15, 2028 | 64% | Not available |
| Jun 15, 2028 | 62% | Not available |
| Jul 17, 2028 | 60% | Not available |