Autocallable Barrier Reverse Convertible on Activision ...
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MECHANISM Autocall & Coupon Payment Mechanism: On each quarterly observation date i (with i = 1 to 3): • If the underlying closes at or above its initial level, early redemption at: 100% + 2.325% guaranteed coupon • Else, a 2.325% guaranteed coupon is paid and product continues Redemption at Maturity (in case of no early redemption): On the final observation date: • If the underlying closes at or above 75% of its initial level redemption at: 100% + 2.325% guaranteed coupon • Else, redemption at: ATVI UW Equity Final / ATVI UW Equity Initial + 2.325% guaranteed coupon 02/05/2013 02/05/2014 03/05/2015 02/05/2016 02/05/2017 0 20 40 60 80 Activision Blizzard Inc Barrier level Strike and autocall level • Yield Enhancement with Quarterly Early Redemption Features • Targeted Yield: 9.3% p.a. • 75% Protection Barrier SNAPSHOT Issuer Fitch: A Maturity 1 Year Underlying Activision Blizzard Inc (ATVI UW Equity) Currency USD Strike Date 26/04/2018 Strike 100% European Barrier 75% (European Observation) Autocall Barrier 100% (of initial fixing) Guaranteed Coupon 2.325% p.q. (9.3% p.a.) Frequency Quarterly 5Y UNDERLYING PERFORMANCE Source: Reuters as of 02-May-2018 Disclaimer: This note is provided for informational purposes only and is subject to change. Final documentation will prevail. Investors should ensure that they fully understand the terms of the described product and transaction and the related risks prior to transacting. www.hpcip.com HPC Investment Partners | London - Paris - Geneva - New York - Hong Kong NEW OPEN ISSUE | May 2018 Autocallable Barrier Reverse Convertible on Activision Blizzard 1 Year - USD
Transcript of Autocallable Barrier Reverse Convertible on Activision ...
MECHANISM
Autocall & Coupon Payment Mechanism:
On each quarterly observation date i (with i = 1 to 3):
• If the underlying closes at or above its initial level, early redemption at:100% + 2.325% guaranteed coupon
• Else, a 2.325% guaranteed coupon is paid and product continues
Redemption at Maturity (in case of no early redemption):
On the final observation date:
• If the underlying closes at or above 75% of its initial level redemption at:100% + 2.325% guaranteed coupon
• Else, redemption at:ATVI UW EquityFinal / ATVI UW EquityInitial + 2.325% guaranteed coupon
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Activision Blizzard Inc Barrier level Strike and autocall level
• Yield Enhancement with Quarterly Early Redemption Features• Targeted Yield: 9.3% p.a.• 75% Protection Barrier
SNAPSHOT
Issuer Fitch: A
Maturity 1 Year
Underlying Activision Blizzard Inc (ATVI UW Equity)
Currency USD
Strike Date 26/04/2018
Strike 100%
European Barrier 75% (European Observation)
Autocall Barrier 100% (of initial fixing)
GuaranteedCoupon
2.325% p.q. (9.3% p.a.)
Frequency Quarterly
5Y UNDERLYING PERFORMANCE
Source: Reuters as of 02-May-2018
Disclaimer: This note is provided for informational purposes only and is subject to change. Final documentation will prevail.
Investors should ensure that they fully understand the terms of the described product and transaction and the related risks prior to transacting.
www.hpcip.comHPC Investment Partners | London - Paris - Geneva - New York - Hong Kong
NEW OPEN ISSUE | May 2018
Autocallable Barrier Reverse Convertibleon Activision Blizzard1 Year - USD
