DE000CZ44U19

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CMZB Phoenix Memory BN OR BMY MRK 3 - 06.10.2021

Summary

This is a 5 year product paying in Euro issued by Commerzbank AG. It is Express Certificate Plus linked to the performance of DANONE SA, L'Oreal S.A., Bristol Myers Squibb Co and Merck & Co Inc from 10/6/2016 to the last observation date 10/6/2021 and will be monitored at semiannual periods. The product will mature early if on any semiannual date, from period 1, the worst performing underlying is at or above 100% of its initial level (on the relevant date). In this case the product will repay the initial investment plus a coupon of 3% (on the relevant date when the autocall is triggered). Otherwise the product will pay a coupon of 3% if the underlying is at or above the 60% 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 3% so long as the worst performing underlying is at or above 60%. 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

 Key Investment Document (KID)


Recorded Performance

The product has matured at 10/6/2017. Investing in this product at issue price would have resulted in a total return of 3.00%

Product Sheet

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This product have been mapped on /Italy/2016 and have been modelled using the template /Structured Products/Autocall Plus - Income Plan



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