Principal Protected Note Participation Issuer Callable
Benefit from the upside with a principal protected note
The investor receives a coupon on an observation upon early redemption by the issuer, then the product stops. Every coupon not detached is added in memory and can be perceived on a future observation date. At maturity, the investor receives the positive performance of the underlying (multiplied by the leverage). Capital is guaranteed at maturity (except in the event of issuer default).