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This certificates complies with Raiffeisen Certificates sustainability standards. For further information please see: raiffeisenzertifikate.at/en/sustainability
The 7.6% Wienerberger Plus Reverse Convertible Bond combines a fixed annual interest interest payment of 7.6% 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 Wienerberger AG: With 216 production sites in 28 countries, Wienerberger is the world´s largest brick producer.
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.
Consideration of major adverse impacts on sustainability (PAI):
Greenhouse gas emissions Species diversity (biodiversity)
Waste prevention Water conservation and water consumption
Social, labor and human rights issues incl. corruption and bribery
For any additional information you may require do not hesitate to contact us on +43 1 71707 5454.
The Raiffeisen Certificates Team