IT0006780388 · Marex
20m Wof Memory Phoenix Autocall on Banco BPM SpA, Barclays PLC, Societe Generale SA, Deutsche Bank AG 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 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 | 0 | Not available | Not available | Not available |
| BarclaysBARC · EUR | 0 | Not available | Not available | Not available |
| Société GénéraleGLE · EUR | 0 | Not available | Not available | Not available |
| Deutsche BankDBK · EUR | 0 | Not available | Not available | Not available |
Prices and distances require current market data. Open the workspace for market information and your personal tools.
Open in workspace ↗Observation calendars
Coupon observations · 20
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Dec 18, 2026 | 50% | Not available |
| Jan 18, 2027 | 50% | Not available |
| Feb 18, 2027 | 50% | Not available |
| Mar 18, 2027 | 50% | Not available |
| Apr 19, 2027 | 50% | Not available |
| May 18, 2027 | 50% | Not available |
| Jun 18, 2027 | 50% | Not available |
| Jul 19, 2027 | 50% | Not available |
| Aug 18, 2027 | 50% | Not available |
| Sep 20, 2027 | 50% | Not available |
| Oct 18, 2027 | 50% | Not available |
| Nov 18, 2027 | 50% | Not available |
| Dec 20, 2027 | 50% | Not available |
| Jan 18, 2028 | 50% | Not available |
| Feb 18, 2028 | 50% | Not available |
| Mar 20, 2028 | 50% | Not available |
| Apr 18, 2028 | 50% | Not available |
| May 18, 2028 | 50% | Not available |
| Jun 19, 2028 | 50% | Not available |
| Jul 18, 2028 | 50% | Not available |
Autocall observations · 19
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jan 18, 2027 | 96% | Not available |
| Feb 18, 2027 | 93% | Not available |
| Mar 18, 2027 | 90% | Not available |
| Apr 19, 2027 | 87% | Not available |
| May 18, 2027 | 84% | Not available |
| Jun 18, 2027 | 81% | Not available |
| Jul 19, 2027 | 78% | Not available |
| Aug 18, 2027 | 75% | Not available |
| Sep 20, 2027 | 72% | Not available |
| Oct 18, 2027 | 69% | Not available |
| Nov 18, 2027 | 66% | Not available |
| Dec 20, 2027 | 63% | Not available |
| Jan 18, 2028 | 60% | Not available |
| Feb 18, 2028 | 57% | Not available |
| Mar 20, 2028 | 54% | Not available |
| Apr 18, 2028 | 51% | Not available |
| May 18, 2028 | 50% | Not available |
| Jun 19, 2028 | 50% | Not available |
| Jul 18, 2028 | 50% | Not available |