This is a 3 year product paying in Euro issued by Exane. It is Express Certificate Plus linked to the performance of ORANGE, Telecom Italia SPA and Vodafone Group PLC from 05/17/2019 to the last observation date 05/17/2022 and will be monitored at monthly periods. The product will pay 5 additional 0.77% coupon(s) if the underlying is at or above the 65% of its initial level , paid prior to early redemption periods. The product will mature early if on any monthly date, from period 6, the worst performing underlying is at or above 100%, 100%, 100%, 100%, ... ,80%, 80% and 80% of its initial level (on the relevant date). In this case the product will repay the initial investment plus a coupon of 0.77%, 0.77%, 0.77%, 0.77%, ... ,0.77%, 0.77% and 0.77% (on the relevant date when the autocall is triggered). Otherwise the product will pay a coupon of 0.77% if the underlying is at or above the 65% of its initial level. Unpaid coupons will be accumulated and will be paid when the condition is verified. If the product runs to maturity, it will repay the initial investment plus a coupon of 0.77% so long as the worst performing underlying is at or above 65% . If the European protection barrier of 60% 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: Early Matured | Fair Value: Sign-in
EXANE Crescendo Rendimento Tempo Step Down ORA TIT VOD 0.77 - 31.05.2022
The product has matured at 11/18/2019. Investing in this product at issue price would have resulted in a total return of -19.79%
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