Reverse Convertible Bond Lenzing 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.
Change-0.620 (-0.70%) Bid- Ask- Last updateJun 09, 2023
15:16:54.208
UTC
Barrier- StrikeEUR 78.00 Max. profit p.a.- Interest rate p.a.12.67%
Name
Reverse Convertible Bond on Lenzing AG
ISIN / WKN
AT0000A2Z5P0 / RC07EQ
Underlying
Max. profit in %
-
Max. profit p.a. in %
-
Interest rate whole maturity
15.00%
Interest rate p.a.
12.67%
Underlying price
EUR 57.80 (-0.69%)
Jun 09, 2023 15:30:00.000
Starting value
EUR 71.10
Strike
EUR 78.00
Distance to strike in %
-34.95%
Number of shares
12.82051
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Jul 14, 2022
Issue date
Jul 15, 2022
Final valuation date
Sep 15, 2023
Maturity date
Sep 20, 2023
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1220)
Reverse Convertible Bond Type
Reverse Convertible Bond
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Issue price
100.00%
Spread homogenised
-
Spread in %
-
Multiplier
1:0.078
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

Standard Reverse Convertible Bonds have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Redemption at the end of the term depends on the performance of the underlying. If, at the final valuation date, the underlying closes at or above the strike, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

If 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").