Preference Share Linked Notes. Overview The following example demonstrates how the performance of the Preference Share could result in a positive, neutral and negative return on the Notes. Upon maturity, the Notes will pay a redemption amount, determined in accordance with the Terms and Conditions of Structured Notes for Preference Share Linked Notes. Preference Share Linked Notes pay a redemption amount linked to the change in value of the specified Preference Shares. The value of the Preference Share may fluctuate depending on the performance of one or more specified reference assets to which the Preference Shares are linked. Thus, the Final Redemption Amount may be less than the capital invested and so the investor may incur a partial or total capital loss at maturity. Preference Share Linked Notes do not bear interest. However, the Notes may be subject to an automatic early redemption mechanism following early redemption of the Preference Share. Worked Example The scenario below is based on a Preference Share Linked Note providing the Noteholders with an exposure to the performance of the Preference Shares. The Final Redemption Amount per Note payable on the Maturity Date shall be determined by the Calculation Agent on the Valuation Date in the Specified Currency in accordance with the following formula: Calculation Amount x Performance of the Preference Shares Where, for the purposes of this worked example only: “
Preference Share Linked Notes. Overview The following example demonstrates how the performance of the Preference Share could result in a positive, neutral and negative return on the Notes. Upon maturity, the Notes will pay a redemption amount, determined in accordance with the Terms and Conditions of Structured Notes for Preference Share Linked Notes. Preference Share Linked Notes pay a redemption amount linked to the change in value of the specified Preference Shares. The value of the Preference Share may fluctuate depending on the performance of one or more specified reference assets to which the Preference Shares are linked. Thus, the Final Redemption Amount may be less than the capital invested and so the investor may incur a partial or total capital loss at maturity. Preference Share Linked Notes do not bear interest. However, the Notes may be subject to an automatic early redemption mechanism following early redemption of the Preference Share.
Preference Share Linked Notes. Overview The following example demonstrates how the performance of the Preference Share could result in a positive, neutral and negative return on the Notes. Upon maturity, the Notes will pay a redemption amount, determined in accordance with the Terms and
