17 new Intesa Sanpaolo Express Certificates
New Intesa Sanpaolo Express Certificates allow investors to obtain 2 unconditional semiannual premiums in December 2021, and June 2022 regardless from the Underlying Performance, and provide for the possibility of paying up to 5 conditional semiannual coupons from December 2022 to June 2024 if the Underlying performance is equal or above the Barrier Level. Furthermore, if the underlying level is equal or above the Initial Reference Value, the certificate expires earlier and investors receive also the issue price of 100€. At maturity, if the product has not expired earlier, the investor receives the last conditional premium plus the issue price of EUR 100 if the underlying performance is above or equal the Barrier Level. Otherwise, the investor is long the underlying.
- UNDERLYING: Banco BPM; Bayer; Crédit Agricole; Daimler; Deutsche Lufthansa; EDF; Enel; Eni S.p.A.; General Electric; Leonardo; Renault; Repsol; Saipem; Stellantis; Telecom Italia; UniCredit and Volkswagen.
- COUPONS: from 2.14% to 3.86%
- BARRIER LEVELS: from 75% to 80%
- EARLY REDEMPTION VALUATION PERIOD: every semester, from December 2022 to June 2024
- MATURITY: 27/12/2024
The new Express Certificates are listed on SeDeX (Italian stock exchange).
