Potential Annualised Return of 26%
Recently Celgene and Comcast have fallen in share price.
We propose to do bonus enhanced note using the 2 stocks as underlying.
Celgene is a global biotechnology company focused on oncology and immune inflammatory related diseases. Celgene is listed in US.
Comcast is a leading cable, broadband, fixed line and TV network company in the US.
Bonus enhanced note details:
Underlying: Comcast class A and Celgene
Ccy: USD
Tenor: 6 months
Put strike: 95%
Digit strike: 100%
Flat coupon: 13.28%
Notional: USD
Enter at average of open and closed.
Flat coupon of 13.28% in 6 months means annualised return of 26.56%.
At maturity:
- If final >= initial, client receives max (bonus, performance) + 100%.
- If initial > final >= strike, client receives 100%.
- If final < strike, client receives delivery of worst performing stock at put strike.
We propose to do bonus enhanced note using the 2 stocks as underlying.
Celgene is a global biotechnology company focused on oncology and immune inflammatory related diseases. Celgene is listed in US.
Comcast is a leading cable, broadband, fixed line and TV network company in the US.
Bonus enhanced note details:
Underlying: Comcast class A and Celgene
Ccy: USD
Tenor: 6 months
Put strike: 95%
Digit strike: 100%
Flat coupon: 13.28%
Notional: USD
Enter at average of open and closed.
Flat coupon of 13.28% in 6 months means annualised return of 26.56%.
At maturity:
- If final >= initial, client receives max (bonus, performance) + 100%.
- If initial > final >= strike, client receives 100%.
- If final < strike, client receives delivery of worst performing stock at put strike.
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