7.5% Industrial Protect Reverse Convertible Bond – available on secondary market

7.5% Industrial Protect Reverse Convertible Bond – available on secondary market

2 year term, fixed annual interest rate of 7.5% and a barrier being set at 59% of Airbus, Andritz and Schneider Electric

The 7.5% Industrial Protect Reverse Convertible Bond combines twofixed interest payments of 7.5% with a partial safety mechanism for the invested capital down to the barrier of 59%. The interest amount is paid out annually, regardless of the performance of the three underlying shares (Airbus SE, Andritz AG, Schneider Electric SE).

The share basket of the Protect Reverse Convertible Bond consists of three well-known industrial stocks:

  • With over 129,000 employees and approximately 180 locations worldwide, Airbus SE is the largest European aeronautics and space company.
  • Andritz AG is an Austrian plant engineering company. Headquartered in Graz, it employs about 29,000 people in more than 40 countries.
  • The French multinational corporation Schneider Electric SE is a global specialist in energy management and automation with operations in more than 100 countries. The company has approximately 144,000 employees worldwide.

The certificate is redeemed at 100% of the nominal value at the maturity date (January 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

The product described herein is subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority (FMA). The Base Prospectus has been deposited at the Oesterreichische Kontrollbank AG, published at www.rcb.at/securitiesprospectus and contains the risks and terms and conditions of the product.

Additional information may also be obtained from the key information document of the product published at www.rcb.at. Raiffeisen Centrobank AG is subject to supervision by the FMA and the Austrian National Bank as well as the European Central Bank within the Single Supervisory Mechanism (Council Regulation (EU) No 1024/2013).



Key facts:
  • ISIN: AT0000A256K9
  • Initial valuation date: Jan 11, 2019
  • Term: 0.5 years
    (Maturity date: Jan 14, 2021)
  • Listing: Vienna, Frankfurt, Stuttgart
The Structured Products Team
T: +43151520484
F: +431 513 43 96
E: produkte(at)rcb.at