6.5% Europe Reverse Convertible Bond – available on secondary market

6.5% Europe Reverse Convertible Bond – available on secondary market

2-year term, fixed annual interest rate of 6.5% and a barrier being set at 59% of Daimler, Koninklijke Philips und SAP

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The 6.5% Europe Reverse Convertible Bond combines twofixed interest payments of 6.5% 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 (Daimler AG, Koninklijke Philips N.V. and SAP SE).

The share basket of the Reverse Convertible Bond consists of three heavy weights of the European economy:

  • Daimler AG is one of the biggest producers of premium cars and commercial vehicles. Today, the company‘s development focus is primarily on alternative drives in the field of sustainable mobility.
     
  • The Dutch group Koninklijke Philips N.V. is one of the leading suppliers in the field of health­care technologies. With solutions for prevention, diagnostics, therapy and care, the company covers all phases of health development.
     
  • The German IT giant SAP SE is the largest European software producer and market leader for business software. Approximately 77% of global transaction revenue passes through SAP systems.

The certificate is redeemed at 100% of the nominal value at the maturity date (June 2023), 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, solely 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).

The issue price amounts to 100 % (nominal value EUR 1,000) within the subscription period. 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 +43 1 515 20-484.

The Team Structured Products of Raiffeisen Centrobank

 

 

 

 

 

Key facts:
  • Name: 6,5 % Europa Aktienanleihe
  • ISIN: AT0000A2R960
  • Initial valuation date: Jun 08, 2021
  • Term: 1 year
    (Maturity date: Jun 09, 2023)
  • Listing: Vienna, Frankfurt, Stuttgart
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.