IT0006779638 · Marex
21m Wof Memory Phoenix Autocall on Deutsche Bank AG, BNP Paribas SA, Barclays PLC, 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 (40% of its initial level).
The next published autocall level is 90% 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 |
|---|---|---|---|---|
| Deutsche BankDBK · EUR | 27.925 | 11.1740% | 11.1740% | 25.132590% |
| BNP ParibasBNP · EUR | 83.52 | 33.40840% | 33.40840% | 75.16890% |
| BarclaysBARC · EUR | 407 | 162.840% | 162.840% | 366.390% |
| Banco BPMBAMI · EUR | 13.085 | 5.23440% | 5.23440% | 11.776590% |
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Open in workspace ↗Observation calendars
Coupon observations · 21
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Nov 23, 2026 | 40% | Not available |
| Dec 23, 2026 | 40% | Not available |
| Jan 25, 2027 | 40% | Not available |
| Feb 23, 2027 | 40% | Not available |
| Mar 23, 2027 | 40% | Not available |
| Apr 23, 2027 | 40% | Not available |
| May 24, 2027 | 40% | Not available |
| Jun 23, 2027 | 40% | Not available |
| Jul 23, 2027 | 40% | Not available |
| Aug 23, 2027 | 40% | Not available |
| Sep 23, 2027 | 40% | Not available |
| Oct 25, 2027 | 40% | Not available |
| Nov 23, 2027 | 40% | Not available |
| Dec 23, 2027 | 40% | Not available |
| Jan 24, 2028 | 40% | Not available |
| Feb 23, 2028 | 40% | Not available |
| Mar 23, 2028 | 40% | Not available |
| Apr 24, 2028 | 40% | Not available |
| May 23, 2028 | 40% | Not available |
| Jun 23, 2028 | 40% | Not available |
| Jul 24, 2028 | 40% | Not available |
Autocall observations · 21
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Nov 23, 2026 | 90% | Not available |
| Dec 23, 2026 | 88% | Not available |
| Jan 25, 2027 | 86% | Not available |
| Feb 23, 2027 | 84% | Not available |
| Mar 23, 2027 | 82% | Not available |
| Apr 23, 2027 | 80% | Not available |
| May 24, 2027 | 78% | Not available |
| Jun 23, 2027 | 76% | Not available |
| Jul 23, 2027 | 74% | Not available |
| Aug 23, 2027 | 72% | Not available |
| Sep 23, 2027 | 70% | Not available |
| Oct 25, 2027 | 68% | Not available |
| Nov 23, 2027 | 66% | Not available |
| Dec 23, 2027 | 64% | Not available |
| Jan 24, 2028 | 62% | Not available |
| Feb 23, 2028 | 60% | Not available |
| Mar 23, 2028 | 58% | Not available |
| Apr 24, 2028 | 56% | Not available |
| May 23, 2028 | 54% | Not available |
| Jun 23, 2028 | 52% | Not available |
| Jul 24, 2028 | 50% | Not available |