Societe Generale 4Y Oils & Bank Quarterly Income Autocall with Memory

Earn up to:

USD 19.5% p.a.

Product Features

Linked to: Shell PLC, Commerzbank AG & Chevron Corporation

Earn up to: USD = 4.875% per Quarter (19.5% p.a.)

Maximum Term: 4 Years

Coupon Hurdle: 90%

Autocall Observations: Quarterly from end of Year 1 / Autocall Trigger: 100%

Capital Protection Barrier: 65% of initial level (European Style)

Closes: 3rd October 2024

How does it work:

The Issuer, BNP Paribas, can choose to end the note (call) on any annual observation date from the end of year 1. If they choose to call the note the investor will receive 8% for every year that has passed since the start date, initial capital is repaid and the investment ends.

If the Issuer chooses not to call the note during the term, at the final observation at the end of year 6, if the performance of the S&P 500 is at or above 70% of its starting level a 48% coupon is paid and initial capital repaid to the investor.

Always seek professional independent financial advice before making a decision to invest in any product. Stocks/Indices can rise as well as fall. Your capital is at risk.