This is a USD 6 year note with potential quarterly coupon (with memory) of 8.20% p.a. payable if no index has fallen below the coupon trigger level of 80%. There is also the potential to mature early from end of year 1, if all indices are at or above their initial level.

Underlying indexes:
Australia – S&P/ASX 200 Index
European Large Caps – Euro Stoxx 50 Index
China – HSCEI Index
US Small Caps – Russell 2000 Index

 

This note will autocall if all indexes are above their initial price.

Capital Protection occurs if all indexes are above 60% of their initial levels at maturity.