7.25% Austria Plus Protect Reverse Convertible Bond – available on secondary market

7.25% Austria Plus Protect Reverse Convertible Bond – available on secondary market

2 year term, fixed annual interest rate of 7.25% and a barrier set at 60% of Erste Group, OMV and voestalpine (observation only at the end of the term)

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The 7.25% Austria Plus Protect Reverse Convertible Bond combines twofixed interest payments of 7.25% with a partial safety mechanism for the invested capital down to the barrier of 60% (active only at the final valuation date). The interest amount is paid out annually, regardless of the performance of the three underlying shares (Erste Group Bank AG, OMV AG and voestalpine AG).

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

  • Erste Group Bank AG s one of the largest financial services providers in Central- and Eastern Europe. The bank‘s main focus is on the private banking business.
     
  • OMV AG is an integrated oil and gas company, active both in the up- and downstream businesses. OMV has a balanced international upstream portfolio while its downstream oil and gas business features a European footprint.
  • The company voestalpine AG is a globally leading technology group with a focus on product and stystem solutions made of steel and other metals. voestalpine is also the world market leader in complete railway systems as well as in tool steel and special sections.

The certificate is redeemed at 100% of the nominal value at the maturity date (December 2021), provided that the daily closing price of each of the three underlying shares quote above the barrier of 60% of each respective strike on the final valuation date (observation only at maturity).

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

Key facts:
  • Name: 7,25% Österreich Plus Protect Aktienanleihe
  • ISIN: AT0000A2B4Y3
  • Initial valuation date: Dec 03, 2019
  • Term: 2.5 years
    (Maturity date: Dec 06, 2021)
  • 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.