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5.50 % ERSTE Protect Multi Health Care 19-20


ISIN:
AT0000A26PV4
WKN:
EB0FN3

2020/02/26 11:47:33
Bid Ask
99.05 -
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
CurrencyEUR
UnderlyingSANOFI
PHILIPS
FRESENIUS MED
Strike Date2019/03/28
Maturity2020/03/29
Coupon5.500%
Barrier in %60.00%
Barrier reachedno

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Final TermsPDF Download
Key Information DocumentPDF Download




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
SANOFI
FR0000120578
EUR78.710047.226089.7547.38%12
PHILIPS
NL0000009538
EUR36.100021.660039.8945.70%27
FRESENIUS MED
DE0005785802
EUR70.960042.576070.8839.93%14
Advantages Risks you should be aware of
  • You receive a fixed coupon of 5.50 % p.a. independent of the performance of the underlyings.
  • Additional risk buffer of 40 % in case of falling prices of the underlyings.
  • Chance to profit even if the share price is slightly falling.
  • Erste Group Bank AG will set quotes for this product during the term, but is not obliged to.
  • There is no capital guarantee for this product.
  • During the term price fluctuations of the reverse convertible are possible and premature sales may lead to capital loss. Limited trading of the product is possible.
  • The earnings are capped at 5.50 % p.a. even if the underlyings have a better performance.
  • The investor bears the issuer risk of Erste Group Bank AG.
  • If redemption at maturity is in shares according to the product`s terms, capital loss is possible. A total loss of invested capital is possible.

Secondary market

The bond will be issued on a continuous basis and publicly offered in Germany. Austria, Croatia and Romania. 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 the unofficial market of Stuttgarter Wertpapierbörse (Baden-Württembergische Wertpapierbörse) and Börse Wien 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.

Legal note

The content on this page is for informational purposes only for existing investors. This product is not offered for subscription and is not a public offering.

2020/02/26 11:47:33
Bid Ask
99.05 -
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
UnderlyingSANOFI
PHILIPS
FRESENIUS MED
Issue date2019/03/29
Issue price100.00%
Coupon5.500%
Barrier in %60.00%
Barrier reachedno
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This protect multi reverse convertible refers to the shares of  Sanofi SA, Koninklijke Philips NV and Fresenius Medical Care AG & Co. The protect multi reverse convertible has a fixed term (maturity date 29/03/2020) and a risk buffer (= barrier; "protect").

At maturity investors receive an interest payment of 5.50 % 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. Fractions of a share are settled in cash.

Price information

Today open99.55
Today high99.55
Today low99.55
Close (previous day)99.55
Spread in %1.00 %
Spread absolute1.00
Spread harmonised-
High price (52 weeks)101.10
Low price (52 weeks)94.70

Performance

Performance YTD in %-0.99%
Performance 1 month in %-0.50%
Performance 6 months in %+1.71%
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-


2020/02/26 11:47:33
Bid Ask
99.05 -
Difference 0.00% (0.00)

Date: 2020/02/26 11:51:44
Underlying Quote
89.75 EUR
Difference -0.76% (-0.69)

General attributes underlying

NameSANOFI
ISINFR0000120578
Stock exchange (underlying)PAR
Currency (underlying)EUR
Price89.75
Time20/02/26 - 11:51:44
Start value underlying78.7100
Strike78.7100
Barrier47.2260
Barrier distance42.52
Barrier distance in %47.38%
No of shares for redemption12
Today high90.66
Today low88.05
High price (52 weeks)95.06
Low price (52 weeks)71.74


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

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INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended). For this reason, the distribution or redistribution of the information, materials and products into United States or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.