Callable Barrier Reverse Convertible

    Shopify Inc

    Coupon p.a.: 15.00% | Barrière: 38.32 USD | Issuer callable | Devise: USD | Maturité: 21.04.2025

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    Spread

    Shopify Inc: 58.54 USD|Last Update:

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    3.75% (37.50 USD)
    Call interval (in months)
    3
    Strike
    69.67 USD
    Barrier
    38.32 USD (55.00%)
    Distance to Barrier
    34.54%
    Ratio
    14.35338

    Life Cycle

    Initial FixingFirst trading dayLast trading dateFinal fixingRedemption

    Product Information

    Key Information Document
    Termsheet
    Base Prospectus

    About this product

    Like the classic version, callable Barrier Reverse Convertibles (BRCs) are characterized by a pre-determined coupon and a safety buffer up to the barrier. The callable attribute improves the yield because coupons are generally higher than for regular BRCs, but investors bear the reinvestment risk if the products are redeemed ("called") early.