USD Netflix Express 2 – available on secondary market

USD Netflix Express 2 – available on secondary market

Reach Your Target by Express – opportunity for yield between 108% and 124% with a maximum term of 3 years

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The USDNetflix Express 2 certificate combines the opportunity to generate an attractive yield with the possibility for an early redemption. The share of Netflix Inc. serves as underlying for the investment product without capital protection. The Express Certificate offers an attractive profit opportunity for those investors who expect the Netflix share to quote at or above its current level within the forthcoming three years.

Term:

The certificate has a minimum term of1year and a maximum term of 3 years. If the closing price of the Netflix share quotes at or above its redemption level (equal to the share’s closing price at the initial valuation date) at one of the annual valuation dates, (early) redemption is effected according to the predefined redemption price.

Yield opportunity:

If the share quotes below the starting value at the annual valuation date, the term extends by another year (up to a maximum term of three years). At the same time, the potential annual termination price rises by 8% of the nominal value annually (up to a maximum of 124%).

Safety mechanism:

In case no early redemption was effected from the first to the third year and if the underlying quotes below the termination level at the third and final valuation date, an additional safety mechanism applies: in case the closing price of the Netflix Inc. share quotes above the barrier of 60% at the final valuation date, redemption is effected at 100% of the nominal value. This means investors do not generate profit and the nominal value of USD 1,000 is redeemed.

Currency risk/opportunity: This certificate is not currency hedged. If the cash flows from the certificate (repayment) are later converted into another currency, additional risks as well as opportunities arise from possible fluctuations of the currency price in relation to the nominal value.

If the barrier is touched or undercut at the final valuation date physical delivery applies. Then the investor gets the Netflix Inc. shares in the amount predefined at the issue date (nominal value/strike). The difference to the integral number is paid out. In this case, the lower share price of the delivered shares may result in the loss of a large part of the capital.

Further information as well as the Key Information Document can be found on the product detail page.

Express Certificates – explained shortly:

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: USD Netflix Express 2
  • ISIN: AT0000A2S778
  • Initial valuation date: Aug 17, 2021
  • Term: min. 0.5 years, max. 2.5 years
  • Listing: 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