Barrier Reverse Convertible with Conditional Coupon

    L´Oréal International

    Coupon p.a.: 5.18% | Barrière: 287.105 EUR | Autocallable | Memory | Devise: EUR | Maturité: 13.01.2025

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    L´Oréal International: 449.05 EUR|Last Update:

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    2.59% (25.939 EUR)
    Call interval (in months)
    6
    Call Level
    441.70 EUR (15/07/2024)
    Coupon Level
    287.105 EUR (15/07/2024)
    Strike
    441.70 EUR
    Barrier
    287.105 EUR (65.00%)
    Distance to Barrier
    36.06%
    Ratio
    2.26398

    Life Cycle

    Initial FixingFirst trading dateLast trading dateFinal fixingRedemption

    Product Information

    Key Information Document
    Termsheet
    Base Prospectus

    About this product

    The uniqueness of Barrier Reverse Convertibles with conditional coupon lies in the fact that, as the name suggests, the coupon payment is tied to the performance of the underlying asset and thus conditional. To receive a coupon payment, the price of the underlying asset must trade at or above the respective coupon levels on the pre-determined observation dates. Like traditional BRCs, this variant also features a barrier that provides investors with a certain degree of protection.