INVESTMENT DESCRIPTION
A 8 year Kick Out Plan in conjunction with JPMorgan, with a coupon amount of 8.70% per annum. The plan has the potential to mature early (Kick Out) from the first observation date at 12 months and annually thereafter. Kick out trigger at 100% of Initial Index Level on the first observation, reducing to 65% of Initial Index Level for the final observation.
CURRENCY GBP
STRIKE DATE 19/08/2022
ISIN XS2487103496
COUNTERPARTY JPMorgan
TYPE Note
RETURN & BARRIERS
Issuer: JPMorgan
Investment Term: Up to 8 years
Payment Rate: 8.70% per annum
Kick Out Trigger Level: 100% of Initial Index Level at the first kick out observation date reducing to 65% of Initial Index Level for the last observation
Capital Protection: 65% european barrier at maturity
MATURITY DATE
19/08/2030
FINAL MATURITY DATE
19/08/2030