INVESTMENT DESCRIPTION
A 5 year investment product linked to the performance of the Nikkei 225 Index and the Russell 2000 Index. If on any Annual observation date (including the Final Observation date), starting at 24 months, both of the Underlyings are at or above the relevant Autocall Trigger, the investment will autocall Initial capital plus the Coupon Rate for each annual period which has elapsed is paid and the investment will end. This product features a reducing autocall: Autocall Trigger is set at 100% of Initial Level from 24 months reducing to 95%, 90%, 85% thereafter.
CURRENCY GBP
STRIKE DATE 29/02/2024
ISIN XS2691854819
COUNTERPARTY Goldman Sachs
TYPE Note
RETURN & BARRIERS
Maximum Term: 5 years
Investment Structure: Defensive Autocall
Autocall opportunities: Annual (First observation at 24 months)
Autocall Trigger: 100% of Initial Level from 24 months (reducing to 95%, 90%, 85% thereafter)
Coupon Rate: 10.15% p.a.
Issue Price: 100%
Capital Risk: Not capital protected
Capital Protection Barrier: 65% Final level (Observed at maturity)
MATURITY DATE
02/03/2026
