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10.25 % ERSTE Protect Luxury 23-24


ISIN:
AT0000A345U9
WKN:
EB09S5

2024/03/28 11:00:33
Bid Ask
95.15 -
Difference 1.06% (1.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
CurrencyEUR
UnderlyingLVMH
KERING
MONCLER
Strike Date2023/05/30
Maturity2024/05/31
Coupon10.250%
Barrier in %60.00%
Barrier reachedno

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Final TermsPDF Download
Key Information DocumentPDF Download


Legal note

This product is no longer publicly offered. The product-specific content published here is for information purposes only for those who are already invested and does not constitute marketing communication. Erste Group Bank AG no longer consents to the use of the prospectus for a public offering of this product by third parties. Purchases and sales are made exclusively on the secondary market. Erste Group Bank AG acts solely in the function as market maker and continues to provide bid and ask prices (but is legally not obliged).


Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Erste Group Bank AG

Underlyings

Underlying Name and ISINCurrencyStrikeBarrierPrice underlyingBarrier distance in %No of shares for redemption
LVMH
FR0000121014
EUR836.0000501.6000841.3040.38%1
KERING
FR0000121485
EUR513.3000307.9800371.4517.09%1
MONCLER
IT0004965148
EUR63.500038.100069.0444.81%15

Secondary market

The bond will be issued on a continuous basis and publicly offered in Germany, Austria, Romania and Croatia. From the issue date onwards the bond can basically be traded on a stock exchange or over-the-counter. Under normal trading conditions the issuer will continuously quote indicative prices. Listing at Börse Wien and at the unofficial market of Stuttgarter Wertpapierbörse (Baden-Württembergische Wertpapierbörse) is scheduled. The decision about the admission to the respective market and the actual listing will be taken by the board of the respective stock exchanges. From admission onwards the bond can be traded on each stock exchange during trading hours.


2024/03/28 11:00:33
Bid Ask
95.15 -
Difference 1.06% (1.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
UnderlyingLVMH
KERING
MONCLER
Issue date2023/05/31
Issue price100.00%
Coupon10.250%
Barrier in %60.00%
Barrier reachedno
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This protect reverse convertible refers to the shares of LVMH Moet Hennessy Louis Vuitton SE, Kering SA und Moncler SPA. The protect reverse convertible has a fixed term (maturity date 31/05/2024) and a risk buffer (= barrier; "protect").

At maturity investors receive an interest payment of 10.25 % p.a. based on the nominal amount (EUR 1,000), regardless of the performance of the underlyings.

The repayment of the nominal value at maturity depends on the performance of the underlyings during the observation period.

The reverse convertible is redeemed at 100.00 % of nominal amount as long as

- the daily closing price of each underlying does not touch or fall below the barrier during the observation period. This ist also valid, if the final reference price of at least one underlying is below the strike price on the valuation date, but above the barrier.

- at least one underlying touches or falls below the barrier, but the final reference price of all underlyings on the valuation date is equal to or higher than the strike price.

If the closing price of at least one underlying touches or falls below the respective barrier at least once during the observation period and at least one of the final reference prices on the valuation date is lower than the strike price, the investor receives a fixed number of shares of the underlying with the worst performance ("worst-of"). Fractions of a share are settled in cash.

Price information

Today open95.05
Today high95.40
Today low95.05
Close (previous day)94.65
Spread in %1.04 %
Spread absolute1.00
Spread harmonised-
High price (52 weeks)-
Low price (52 weeks)-

Performance

Performance YTD in %+1.01%
Performance 1 month in %-5.35%
Performance 6 months in %+2.66%
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-4.60%


2024/03/28 11:00:33
Bid Ask
95.15 -
Difference 1.06% (1.00)

Date: 2024/03/28 10:57:09
Underlying Quote
841.30 EUR
Difference +1.32% (11.00)

General attributes underlying

NameLVMH
ISINFR0000121014
Stock exchange (underlying)PAR
Currency (underlying)EUR
Price841.30
Time24/03/28 - 10:57:09
Start value underlying836.0000
Strike836.0000
Barrier501.6000
Barrier distance339.70
Barrier distance in %40.38%
No of shares for redemption1
Today high842.30
Today low831.50
High price (52 weeks)904.60
Low price (52 weeks)644.00


Information about previous performance does not guarantee future performance.
Source: FactSet

Know-How

In our know-how area you can find all relevant details on the different types of certificates. The tutorial gives you selected information about the functionality of structured products and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.

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