The Europe Express 4 Certificate provides for the opportunity of early redemption at 105.75% yet after one year in case the EURO STOXX 50® rises or remainsunchanged: in case the closing price of the EURO STOXX 50® quotes at or above the termination level at the annual valuation date, (early) redemption is effected analogue to the pre-defined termination price. In case the index quotes below the starting value the term extends by another year. The term of the certificate will be at least one year and not more than five years. The possible pay-out rises by 5.75 percentage points annually to a maximum of 128.75% of the nominal value.
The new Europe Express 4 Certificate enables Investors who expect the Euro Stoxx 50® to quote at or above the current level in the first, second, third, fourth or at most the fifth year to generate attractive yield.
The barrier is solely observed at the end of the term: If no redemption at the pre-defined termination price will be effected, the index quote will be compared with the barrier at the final valuation date. If the barrier of 49% of the starting value (= closing price of the EURO STOXX 50® at July 2, 2015) is violated, redemption is effected equal to the performance of the underlying from the starting value to the closing price at the final valuation date.
Key Facts:
- ISIN: AT0000A1ER33
- Initial valuation date: Jul 02, 2015
- Term: max. 5 years (Maturity date: Jul 3, 2020)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Stuttgart, Frankfurt
Further information is available at the product page: Europe Express 4 Certificate
For more details kindly see the Product Folder (PDF).
This product, the risks and terms and conditions associated with it, are subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority, which has been deposited at Oesterreichische Kontrollbank AG and is published on www.rcb.at/SecuritiesProspectus.
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
