Express Certificate Andritz Express 2
Issue price100.00% Redemption price108.75% Issue dateMar 22, 2021 Maturity dateMar 24, 2026
Name
Andritz Express 2
ISIN / WKN
AT0000A2NY65 / RC019R
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 54.10 (+0.70%)
May 17, 2024 15:30:00.000
Starting value
EUR 38.50
Strike
EUR 38.50
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Mar 19, 2021
Issue date
Mar 22, 2021
Valuation dates
Mar 18, 2022 / Mar 20, 2023 / Mar 20, 2024 / Mar 20, 2025 / Mar 19, 2026
Final valuation date
Mar 19, 2026
Maturity date
Mar 24, 2026
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread in %
-
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Tax treatment
Capital Gains Tax / No EU Withholding Tax
Public offer in
-
Listing
Vienna, Frankfurt, Stuttgart
Comments

The certificate Andritz Express 2 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8.75% per year if the share of Andritz AG quotes at or above its starting value at one of the valuation dates. If the share quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation (60 % of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of Andritz shares is effected.

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