6.15% Andritz Plus Reverse Convertible Bond – in subscription

Advertisement

6.15% Andritz Plus Reverse Convertible Bond – in subscription

⏲️ 2-year term, fixed interest rate of 6.15% and a barrier set at 65% of the underlying price – observation only at the end of the term!

Advertisement

The 6.15% Andritz Plus Reverse Convertible Bond combines a fixed annual interest interest payment of 6.15% with a partial safety mechanism for the invested capital down to the barrier of 65% of the starting value (active only at the final valuation date). The fixed interest rate is paid out in any case.

The reverse convertible refers to the underlying of Andritz AG: Andritz is an international technology group that supplies plants, systems, equipment and services to various industries.

The certificate is redeemed at 100% of the nominal value at the maturity date (April 2025), provided that the final value of the underlying at the final valuation date quotes above the respective barrier of 65% (observation only at maturity). This also represents the maximum amount.

If the final value of the underlying quotes at or below its respective barrier of 65%, physical delivery of the share is effected. 

Further information as well as the Key Information Document please find on the Product Detail Page.

For any additional information you may require do not hesitate to contact us on +43 1 71707 5454.

The Raiffeisen Certificates Team

Back
Previous News
Next News
Key facts:
  • Name: 6,15 % Andritz Plus Aktienanleihe Sustainable certificate
  • ISIN: AT0000A337Z5
  • Initial valuation date: Apr 12, 2023
  • Term: 0.5 years
    (Maturity date: Apr 14, 2025)
  • Listing: Vienna, Stuttgart
Product PageProduct Folder
Disclaimer
This is advertising. This non-binding information does not constitute advice, recommendation or invitation to conclude a transaction. The presentation is of a generic nature, does not take into account the personal circumstances of potential investors and therefore cannot replace individual investor and investment-oriented advice and risk disclosure. This advertisement has not been prepared in compliance with the legal provisions promoting the independence of investment research and is not subject to the ban on trading following the dissemination of investment research. A base prospectus (including any supplements) that complies with the Austrian Capital Market Act and has been approved by the competent authorities (CSSF, FMA) is available on the website of Raiffeisen Bank International AG (raiffeisencertificates.com/en/securities-prospectus/). The approval of the base prospectus by the competent authorities is not to be understood as an endorsement by the competent authorities of the financial instruments described herein. We recommend reading the prospectus before making an investment decision. Important additional information on the products described (in particular their opportunities and risks) can be found on the website of Raiffeisen Bank International AG at raiffeisencertificates.com/en/; in particular, the approved base prospectus (including any supplements) can be found at (raiffeisencertificates.com/en/securities-prospectus/) and under "Customer Information and Regulatory Issues" at raiffeisencertificates.com/en/customer-information/. Regulatory authorities: Austrian Financial Market Authority (FMA), European Central Bank (ECB). Imprint according to Austrian media law: Media owner and producer is Raiffeisen Bank International AG, Am Stadtpark 9, 1030 Vienna/Austria.