This is a 4.5 year autocall paying in Euro issued by UniCredit Bank AG linked to the performance of Saipem SPA between 06/16/2015 and 12/19/2019. Although the latest maturity date is 12/19/2019, the product will be monitored at semiannual periods. The product will mature early if at any semiannual date, from period 1, the worst performing underlying is at or above 100% of its initial level (at the relevant date). In which case, the product will repay the initial investment plus a coupon of 5%, 10%, 15%, 20%, ... ,30%, 35% and 40% (at the relevant date when the autocall is triggered). Not paid coupons will be accumulated and will be paid when the condition will verify. If the product runs to maturity, the product will repay the initial investment plus a coupon of 45% so long as the worst performing underlying is at or above 100%. If the European protection barrier of 50% has not been breached, the nominal value will be paid, otherwise the product will repay the initial investment less any negative worst performing underlying measured over the term of the product
Lyfecycle: Matured | Fair Value: Sign-in
HVB Express SPM 5 - 20.12.2019
Key Investment Document (KID)
The product has matured at 12/20/2019. Investing in this product at issue price would have resulted in a total return of -93.72%
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