5.75% Oil&Gas Protect Reverse Convertible Bond – available on secondary market

5.75% Oil&Gas Protect Reverse Convertible Bond – available on secondary market

2 year term, fixed annual interest rate of 5.75% and a barrier being set at 59% of OMV, Shell and Total

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The 5.75% Oil&Gas Protect Reverse Convertible Bond combines twofixed interest payments of 5.75% with a partial safety mechanism for the invested capital down to the barrier the barrier of 59%. The interest amount is paid out annually, regardless of the performance of the three underlying shares (OMV AG, Royal Dutch Shell PLC and Total S.A.).

The share basket of the Protect Reverse Convertible Bond consists of three companies from the Oil & Gas Industry:

  • OMV AG is an integrated oil and gas company, active in both the up- and downstream businesses. OMV has a balanced international upstream portfolio while its downstream oil and gas business features a European footprint.
     
  • Royal Dutch Shell PLC is one of the world‘s largest oil and gas companies by revenue and market capitalization. The company operates in over 70 countries and employs more than 82,000 people. Shell focuses on the exploration, development, production, refining and marketing of oil and natural gas.
     
  • Total S.A. ranks among the world‘s largest oil and gas companies by revenue and market capitalization. The company is active in over 130 countries and employs more than 100,000 people. Total operates along the entire energy value chain, from the exploration wells to the end client.

The certificate is redeemed at 100% of the nominal value at the maturity date (July 2021), provided that the daily closing price of each of the three underlying shares always quotes above the respective barrier of 59% 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

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

The Structured Products Team of Raiffeisen Centrobank


 

Key facts:
  • Name: 5,75 % Öl & Gas Protect Aktienanleihe
  • ISIN: AT0000A28FE7
  • Initial valuation date: Jul 18, 2019
  • Term: 0 years
    (Maturity date: Jul 19, 2021)
  • Listing: Vienna, Frankfurt, Stuttgart
Disclaimer
This is advertising that does not constitute investment advice, an offer, a recommendation or an invitation to submit an offer. Comprehensive information about the financial instrument and its opportunities and risks - see approved (basis) prospectus (including all supplements), published under www.rcb.at/en/securitiesprospectus. Additional information also in the Key Information Document and under "Customer Information and Regulatory Issues" at www.rcb.at/customerinformation. The approval of the prospectus should not be construed as endorsement of this financial instrument by the authority (FMA). You are about to purchase a product that is not simple and difficult to understand. We recommend that you read the prospectus before making an investment decision. The investor bears the credit risk of Raiffeisen Centrobank AG (RCB) when purchasing the financial instrument. The certificate is subject to specific rules that may already be disadvantageous in case of a probable default of RCB (for example, suspension of interest payments) - see www.rcb.at/en/basag. Certificates issued by RCB are no financial products as defined in the Regulation (EU) 2019/2088.
Contact
The Structured Products Team
T: +43151520484
E: produkte(at)rcb.at