This is a 3 year autocall paying in US Dollars issued by Banco BPI S.A. linked to the performance of EURO STOXX 50 Index and S&P 500 Index between 12/11/2013 and 11/25/2016. Although the latest maturity date is 11/25/2016, 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 3.5% (at the relevant date when the autocall is triggered). Otherwise the product will pay a coupon of 3.5% if the underlying is at or above the 60% of its initial level. 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 3.5% 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
Lyfecycle: Not Available
BPI Mercados Ocidentais USD - 11.12.2016
Key Investment Document (KID)
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