Barrier Reverse Convertible with Conditional Coupon

    ON Semiconductor Corp.

    Coupon p.a.: 15.5784% | Barrière: 44.12 USD | Autocallable | Memory | Devise: USD | Maturité: 18.09.2024

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    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    1.29% (12.982 USD)
    Call interval (in months)
    1
    Call Level
    73.53 USD (20/05/2024)
    Coupon Level
    55.15 USD (20/05/2024)
    Strike
    73.53 USD
    Barrier
    44.12 USD (60.00%)
    Distance to Barrier
    Ratio
    13.59989

    Life Cycle

    Initial FixingFirst trading dayLast 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.