Barrier Reverse Convertible with Conditional Coupon

    Sartorius AG

    Kupon p.a.: 15,70% | Barriere: 163,90 EUR | Autocallable | Memory | Währung: EUR | Laufzeit: 22.04.2025

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    Sartorius AG: 270.8 EUR|Last Update:

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    3.92% (39.25 EUR)
    Call interval (in months)
    3
    Call Level
    273.20 EUR (22/07/2024)
    Coupon Level
    163.90 EUR (22/07/2024)
    Strike
    273.20 EUR
    Barrier
    163.90 EUR (60.00%)
    Distance to Barrier
    39.46%
    Ratio
    3.66032

    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.