NatixisClassicUSDActive
XS3138908051 · Natixis
3Y - Phoenix Yeti on WO JD UW TME UN BABA UN
Coupon per period1.0833%Monthly
Capital barrier60%At maturity
ObservationAug 19, 2026Coupon observations
MaturityNov 30, 2028Payment
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 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 |
|---|---|---|---|---|
| TENCENT MUSIC ENTERTTME · EUR | 18.73 | 11.23860% | 11.23860% | 16.85790% |
| Alibaba Group Holding LtdBABA · EUR | 158.89 | 95.33460% | 95.33460% | 143.00190% |
| JD.comJD · EUR | 28.875 | 17.32560% | 17.32560% | 25.987590% |
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Open in workspace ↗Observation calendars
Coupon observations · 36
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Dec 19, 2025 | 60% | Dec 31, 2025 |
| Jan 20, 2026 | 60% | Jan 29, 2026 |
| Feb 19, 2026 | 60% | Mar 2, 2026 |
| Mar 19, 2026 | 60% | Mar 30, 2026 |
| Apr 20, 2026 | 60% | Apr 29, 2026 |
| May 19, 2026 | 60% | May 29, 2026 |
| Jun 22, 2026 | 60% | Jul 1, 2026 |
| Jul 20, 2026 | 60% | Jul 29, 2026 |
| Aug 19, 2026 | 60% | Aug 28, 2026 |
| Sep 21, 2026 | 60% | Sep 30, 2026 |
| Oct 19, 2026 | 60% | Oct 28, 2026 |
| Nov 19, 2026 | 60% | Dec 1, 2026 |
| Dec 21, 2026 | 60% | Dec 31, 2026 |
| Jan 19, 2027 | 60% | Jan 28, 2027 |
| Feb 19, 2027 | 60% | Mar 2, 2027 |
| Mar 19, 2027 | 60% | Mar 30, 2027 |
| Apr 19, 2027 | 60% | Apr 28, 2027 |
| May 19, 2027 | 60% | May 28, 2027 |
| Jun 21, 2027 | 60% | Jun 30, 2027 |
| Jul 19, 2027 | 60% | Jul 28, 2027 |
| Aug 19, 2027 | 60% | Aug 30, 2027 |
| Sep 20, 2027 | 60% | Sep 29, 2027 |
| Oct 19, 2027 | 60% | Oct 28, 2027 |
| Nov 19, 2027 | 60% | Dec 1, 2027 |
| Dec 20, 2027 | 60% | Dec 29, 2027 |
| Jan 19, 2028 | 60% | Jan 28, 2028 |
| Feb 22, 2028 | 60% | Mar 2, 2028 |
| Mar 20, 2028 | 60% | Mar 29, 2028 |
| Apr 19, 2028 | 60% | Apr 28, 2028 |
| May 19, 2028 | 60% | May 31, 2028 |
| Jun 20, 2028 | 60% | Jun 29, 2028 |
| Jul 19, 2028 | 60% | Jul 28, 2028 |
| Aug 21, 2028 | 60% | Aug 30, 2028 |
| Sep 19, 2028 | 60% | Sep 28, 2028 |
| Oct 19, 2028 | 60% | Oct 30, 2028 |
| Nov 20, 2028 | 60% | Nov 30, 2028 |
Autocall observations · 33
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Feb 19, 2026 | 90% | Mar 2, 2026 |
| Mar 19, 2026 | 90% | Mar 30, 2026 |
| Apr 20, 2026 | 90% | Apr 29, 2026 |
| May 19, 2026 | 90% | May 29, 2026 |
| Jun 22, 2026 | 90% | Jul 1, 2026 |
| Jul 20, 2026 | 90% | Jul 29, 2026 |
| Aug 19, 2026 | 90% | Aug 28, 2026 |
| Sep 21, 2026 | 90% | Sep 30, 2026 |
| Oct 19, 2026 | 90% | Oct 28, 2026 |
| Nov 19, 2026 | 90% | Dec 1, 2026 |
| Dec 21, 2026 | 90% | Dec 31, 2026 |
| Jan 19, 2027 | 90% | Jan 28, 2027 |
| Feb 19, 2027 | 90% | Mar 2, 2027 |
| Mar 19, 2027 | 90% | Mar 30, 2027 |
| Apr 19, 2027 | 90% | Apr 28, 2027 |
| May 19, 2027 | 90% | May 28, 2027 |
| Jun 21, 2027 | 90% | Jun 30, 2027 |
| Jul 19, 2027 | 90% | Jul 28, 2027 |
| Aug 19, 2027 | 90% | Aug 30, 2027 |
| Sep 20, 2027 | 90% | Sep 29, 2027 |
| Oct 19, 2027 | 90% | Oct 28, 2027 |
| Nov 19, 2027 | 90% | Dec 1, 2027 |
| Dec 20, 2027 | 90% | Dec 29, 2027 |
| Jan 19, 2028 | 90% | Jan 28, 2028 |
| Feb 22, 2028 | 90% | Mar 2, 2028 |
| Mar 20, 2028 | 90% | Mar 29, 2028 |
| Apr 19, 2028 | 90% | Apr 28, 2028 |
| May 19, 2028 | 90% | May 31, 2028 |
| Jun 20, 2028 | 90% | Jun 29, 2028 |
| Jul 19, 2028 | 90% | Jul 28, 2028 |
| Aug 21, 2028 | 90% | Aug 30, 2028 |
| Sep 19, 2028 | 90% | Sep 28, 2028 |
| Oct 19, 2028 | 90% | Oct 30, 2028 |