(Finance) – Unicredit has listed a new tranche of 14 Step-Down Cash Collect on “Worst of” baskets on the SeDeX.
There expiration is two and a half years (15 July 2027) accompanied by a series of monthly early exercise windows, starting as early as April 2025 with a “Step-Down” mechanism and will decrease by 1% per month, starting from 95% up to 74%. of the initial value: thanks to this mechanism they can be repaid early even if the value of the underlying has fallen compared to the initial reference value.
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