This 6 year note pays a coupon of 5% including any previously unpaid coupon every 6 months after the first 12 months, where all underlyings close at or above 100% of their starting levels.

The note will be early redeemed when the all indexes are above their initial levels on an Observation Date.

Capital is protected at maturity provided all indices have not fallen by more than 40% (60% European barrier).