Reverse Convertible Bond Andritz AG The product related information contained herein is exclusively for information purposes only, intended for current investors or in case these products are displayed further to an individual search. The information does not constitute a recommendation or an offer to buy or an invitation to make a respective offer in relation to any of the products described herein.
Issue price100.00% Redemption price- Issue dateOct 13, 2021 Maturity dateMar 22, 2023
Name
Andritz AG
ISIN / WKN
AT0000A2TQT2 / RC044L
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
8.34%
Underlying price
EUR 57.90 (+1.36%)
Mar 28, 2024 16:30:00.000
Starting value
EUR 46.62
Strike
EUR 50.00
Denomination / nominal
EUR 1,000
Payed Coupons
12.00% on Mar 22, 2023
About the term
Initial valuation date
Oct 12, 2021
Issue date
Oct 13, 2021
Final valuation date
Mar 17, 2023
Maturity date
Mar 22, 2023
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
-
Spread in %
-
Multiplier
1:0.05
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Tax treatment
Capital Gains Tax / EU Withholding Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Comments

Reverse Convertible Bonds with a barrier have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Reverse Convertible Bonds with a barrier have a barrier which is set below the strike and is observed on a continuous basis. Redemption at the end of the term depends on the performance of the underlying. If the underlying, during the term, always quotes above the barrier, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

In case the barrier is touched or undercut AND, at the final valuation date, the closing price is below the strike, the investor obtains shares per nominal value in the amount predefined at the issue date. The difference to the integral number is paid out.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").