Global Indices Semi-Annual Autocall

This 6-year note provides a conditional return of 5% for each semester elapsed based on the performance of 4 major stock indices: Canada, Australia, Germany, and Italy. If the lowest performing index  is greater than or equal to its initial level at any observation date a Conditional Return of 5.00% per semester is paid.

The note contains an autocall mechanism. If the lowest performing index is greater than or equal to its initial level at any observation date, the notes are autocalled and immediately redeemed at 100%.

The note has a 60% European protection barrier. The bank is rated A by S&P.