6.75% Europe Protect Reverse Convertible Bond – available on secondary market

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6.75% Europe Protect Reverse Convertible Bond – available on secondary market

2 year term, fixed annual interest rate of 6.75% and a barrier being set at 55% of Airbus, ING Groep and Sanofi

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The 6.75% Europe Protect Reverse Convertible Bond combines twofixed interest payments of 6.75% with a partial safety mechanism for the invested capital down to the barrier the barrier of 55%. The interest amount is paid out annually, regardless of the performance of the three underlying shares (Airbus SE, ING Groep N.V. and Sanofi S.A.).

The share basket of the Protect Reverse Convertible Bond consists of three heavyweights of the European economy:

  • Airbus SE is the second largest aerospace company in the world by revenue. The business units of the company can be roughly divided into passenger aircrafts, helicopters, defense/security and space.
     
  • ING Groep N.V. is a Dutch multinational banking and financial services corporation. It is one of worldwide 29 systemically important financial institutions. The group offers banking services to more than 38 million retail and wholesale banking customers in over 40 countries.
     
  • The French Sanofi S.A. is one of the world‘s leading pharmaceutical companies. The company focuses on the areas of diabetes, cardiovascular diseases, vaccinations and specialty care.

The certificate is redeemed at 100% of the nominal value at the maturity date (September 2021), provided that the daily closing price of each of the three underlying shares always quotes above the respective barrier of 55% during the observation period (daily observation).

If one of the barriers is touched or undercut by the daily closing price of at least one of the underlying shares and at least one of these shares closes below its strike at the final valuation date, the predefined amount of the worst performing share is delivered (percentage performance from the starting value to the closing price at the final valuation date).

Further information as well as the Key Information Document please find on Product Page.

Reverse Convertible Bonds - explained in an easy way

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For any additional information you may require do not hesitate to contact us on +43151520484.

The Structured Products Team of Raiffeisen Centrobank

 

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Key facts:
  • Name: 6,75% Europa Protect Aktienanleihe
  • ISIN: AT0000A29634
  • Initial valuation date: Sep 03, 2019
  • Term: 2.5 years
    (Maturity date: Sep 07, 2021)
  • Listing: Vienna, Frankfurt, Stuttgart
Product Page
Disclaimer
This is advertising. This non-binding information does not constitute advice, recommendation or invitation to conclude a transaction. The presentation is of a generic nature, does not take into account the personal circumstances of potential investors and therefore cannot replace individual investor and investment-oriented advice and risk disclosure. This advertisement has not been prepared in compliance with the legal provisions promoting the independence of investment research and is not subject to the ban on trading following the dissemination of investment research. A base prospectus (including any supplements) that complies with the Austrian Capital Market Act and has been approved by the competent authorities (CSSF, FMA) is available on the website of Raiffeisen Bank International AG (raiffeisencertificates.com/en/securities-prospectus/). The approval of the base prospectus by the competent authorities is not to be understood as an endorsement by the competent authorities of the financial instruments described herein. We recommend reading the prospectus before making an investment decision. Important additional information on the products described (in particular their opportunities and risks) can be found on the website of Raiffeisen Bank International AG at raiffeisencertificates.com/en/; in particular, the approved base prospectus (including any supplements) can be found at (raiffeisencertificates.com/en/securities-prospectus/) and under "Customer Information and Regulatory Issues" at raiffeisencertificates.com/en/customer-information/. Regulatory authorities: Austrian Financial Market Authority (FMA), European Central Bank (ECB). Imprint according to Austrian media law: Media owner and producer is Raiffeisen Bank International AG, Am Stadtpark 9, 1030 Vienna/Austria.