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Société Générale Fix Kupon Express Anleihe auf PHLX Oil Service Sector Index 19-23


ISIN:
DE000ST6W5U1
WKN:
ST6W5U

2019/06/26 08:10:43
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerSociété Générale Effekten GmbH
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
UnderlyingPHLX Oil Service Sector Index
Underlying ISIN-
Underlying currencyUSD
Price underlying67.88 USD
Date2019/11/22 19:16:20
Strike Date2019/06/26
Maturity2023/07/03
Strike price79.3331 USD
Coupon/express payment4.500%
Coupon stylefix
Current redemption barrier79.3331 USD
Current redemption barrier in %100.00%
Current redemption barrier distance-11.46 USD
Current redemption barrier distance in %-16.88%
Final redemption barrier51.5665 USD
Final redemption barrier in %65.00%
Final redemption barrier distance16.31 USD
Final redemption barrier distance in %24.03%
Nominal amount1,000.00

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Final TermsPDF 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
Advantages Risks you should be aware of
  • Fixed earnings of 4.50 % per year.
  • Possible early redemption at 100 % of nominal amount.
  • Risk buffer (final-redemption-barrier of 65.00 %) against falling prices of the Philadelphia Stock Exchange Oil Service Sector Index
  • A fall of index price below the barrier during the term has no influence on the redemption at the end of the 4th year, relevant is only the price on last observation day.
  • Société Générale will set quotes for this product during the term without being legally obliged to do so.

  • If the closing price of the Philadelphia Stock Exchange Oil Service Sector Index is below the barrier (65.00 %) on the last observation day, there are losses for the investors. There is no capital guarantee for this product.
  • Investors bear the risk of the issuer Société Générale.
  • The earnings are capped at 18.00 %, even if the underlying performs better.
  • During the term the bond price will not vary 1:1 with the underlying and premature sale may lead to capital loss.
  • This Express Bond is not covered by any deposit guarantee scheme. Investors are exposed to the risk that Société Générale may not be able to meet its obligations arising from the Express-Bond in the event of insolvency or over-indebtedness or from an official order (bail-in regime). A total loss of invested capital is possible.


Secondary market

During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.

2019/06/26 08:10:43
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerSociété Générale Effekten GmbH
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
Stock exchangeFRA, STU
UnderlyingPHLX Oil Service Sector Index
Underlying ISIN-
Underlying stock exchange-
Underlying currencyUSD
Price underlying67.88 USD
Date2019/11/22 19:16:20
Issue date2019/06/28
Strike Date2019/06/26
Maturity2023/07/03
Strike price79.3331 USD
Coupon/express payment4.500%
Coupon stylefix
Current redemption barrier79.3331 USD
Current redemption barrier in %100.00%
Current redemption barrier distance-11.46 USD
Current redemption barrier distance in %-16.88%
Final redemption barrier51.5665 USD
Final redemption barrier in %65.00%
Final redemption barrier distance16.31 USD
Final redemption barrier distance in %24.03%
No of shares for redemption-
Nominal amount1,000.00
Quantono
First trading day2019/06/28
Last trading day2023/06/26

Express bonds | Description

The Société Générale Fix Kupon Express Anleihe auf PHLX Oil Service Sector Index 19-23 issued by Société Générale Effekten GmbH (guarantor: Société Générale) refers to the Philadelphia Stock Exchange Oil Service Sector Index. Regardless of the performance of the underlying, there is an annual interest payment of 4.50 % p.a. The bond will be redeemed on 03/07/2023 if there is no automatic early redemption.

There is an automatic early redemption, if the closing price of the underlying is at or above the strike price on one of the valuation dates (26/06/2020, 28/06/2021, 27/06/2022). In this case investors receive the respective early redemption amount of 100.00 % on the early repayment date (03/07/2020, 05/07/2021, 04/07/2022).

If the Express Bond has not been redeemed early, there are two possibilities at maturity:

1. If the closing price of Philadelphia Stock Exchange Oil Service Sector Index is at or above the final-redemption-barrier on the last valuation date (26/06/2023), investors receive the nominal amount (EUR 1,000) plus the interest payment of 4.50 % p.a. for the last year.

2. If the closing price of the Philadelphia Stock Exchange Oil Service Sector Index is below the final-redemption-barrier on the last valuation date (26/06/2023), then investors receive a redemption amount according to the performance of the Philadelphia Stock Exchange Oil Service Sector Index. In this case there is a capital loss.

Information on the product during the term can be found on the issuer's website: https://www.sg-zertifikate.de/p/ST6W5U

Price information

Today open100.00
Today high100.00
Today low100.00
Close (previous day)100.00
Spread in %0 %
Spread absolute-
Spread harmonised-
High price (52 weeks)100.00
Low price (52 weeks)100.00

Performance

Performance YTD in %-
Performance 1 month in %-
Performance 6 months in %-
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-


2019/06/26 08:10:43
Bid Ask
- -
Difference 0.00% (0.00)

Date: 2019/11/22 19:16:20
Underlying Quote
67.8774 USD
Difference +0.89% (0.60)

General attributes underlying

NamePHLX Oil Service Sector Index
ISIN-
Stock exchange (underlying)-
Currency (underlying)USD
Start value underlying79.3331
Price67.877439
Time19/11/22 - 19:16:20
Change in %0.89%
Today high68.100269
Today low66.850821
High price (52 weeks)108.766
Low price (52 weeks)59.287208


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

Know-How

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