This is a 3 year autocall paying in Euro issued by Commerzbank AG linked to the performance of Eldorado Gold Corp, Iamgold Corp and Kinross Gold Corp between 10/7/2013 and 9/16/2016. Although the latest maturity date is 9/16/2016, the product will be monitored at annual periods. The product will mature early if at any annual date, from period 1, the worst performing underlying is at or above 70% of its initial level (at the relevant date). In which case, the product will repay the initial investment plus a coupon of 7% (at the relevant date when the autocall is triggered). Otherwise the product will pay a coupon of 7% if the underlying is at or above the 50% of its initial level. If the product runs to maturity, the product will repay the initial investment plus a coupon of 7% so long as the worst performing underlying is at or above 50%. 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
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CMZB Phoenix EGO IAG KGC 1.75 - 16.09.2016
Key Investment Document (KID)
The product has matured at 9/14/2016. Investing in this product at issue price would have resulted in a total return of -1.03%
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