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Prémiový dluhový cenný papír CONSUMER AUTOCALL 2


ISIN:
XS1969386645

Date: 2019/09/20 00:00:00
Bid Ask
100.99 -
Difference 0.00% (0.00)

General attributes

Type of bondStructured bonds
Bond stylesenior
Issuer typecorporate
Country of issueDE
Current coupon0.000%
Coupon stylevariable
Coupon payment date2022/06/10
Coupon payment periodat maturity
Yield to maturity p.a. (before capital gains tax)-
Value date2019/06/10
Maturity2022/06/10
Repayment value0.00
CurrencyCZK
Nominal value10,000
Capital gains tax-
Accrued Interest0.00
Investor tolerance5 (scale 1-7)
Last trading day2022/06/02

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The chart is composed of values which are the arithmetic average values of bid / ask (MID) from previous working day. Performances under 12 month have only little informative value. Information about previous performance does not guarantee future performance.
Source: Česká spořitelna, a. s.
Advantages Details you should be aware of

What does the Prémiový dluhový cenný papír CONSUMER AUTOCALL 2 offer?

  • Possibility to obtain attractive yield of up to 18.75% in three years.
  • The Premium Bond can be automatically repaid early together with payout of an interesting yield of 6.25% (see Note) already after the first year or with a yield of 12.5% after two years.
  • Interesting barrier of 55% of the initial value of the individual underlying shares for payout of the yield and the nominal value of the Premium Bond at its maturity date.
  • The barrier for automatic early repayment decreasing over in time: 90% (after one year), 80% (after two years).
  • Additional protection mechanism for payout of the nominal value of the Premium Bond at its maturity date.
  • The Premium Bond is issued in Czech crowns and the investor does not bear the currency risk.
  • Electronic version of the Basic Prospectus is published on the Issuer´s website https://www.goldmansachs.com or on www.investicnicentrum.cz/prospekty.
  • Electronic version of the Notification of Key Information is published on the website https://www.goldmansachs.com or you can find it on the investment portal www.investicnicentrum.cz.

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Note: Any potential yields from the Premium Bond are paid in a lump sum at its automatic early or regular maturity date, the consolidated interest is not claimed

  • The Premium Bond does not guarantee a return on the invested amount and the investor can lose the whole investment or part of it.
  • The holder of the Premium Bond bears the issuer´s credit risk.
  • The total yield is paid out in a single sum for the real duration of the Premium Bond at the maturity date or at the date of the automatic early repayment.
  • If at the date of fixing the closing value of shares the price of at least one of the underlying shares falls below the 55% barrier of its initial value and at the same time the closing value of any of the remaining shares shall not be equal or higher than their initial values, no yield shall be paid out at the maturity date and the Premium Bond holder shall lose more than 45% of the invested money.
  • If you use the portfolio method of investment advice, ask your banker or investment specialist to assess whether this product should become part of your investment portfolio.
  • The product is subject to English law.
  • Issuer: Goldman, Sachs & Co. Wertpapier GmbH
  • Guarantor: The Goldman Sachs Group, Inc. (S&P's BBB+ / Moody's A3 / Fitch A)
  • Underlying shares: Mondelez, Starbucks, Unilever
  • Subscription period: 6 May 2019 (9.00) – 3 June 2019 (16.00)
  • Price at subscription: 100%, free of charge
  • Issue date:  10 June 2019
  • Date of fixing the shares initial value: 3 June 2019
  • Date of fixing the shares final value: 3 June 2022
  • Dates of possible automatic early repayment: 10 June 2020, 10 June 2021
  • Comparative values for early repayment: see the leaflet
  • Barrier for payout of the nominal value at the date of its maturity: 55% of the fixed initial value of each individual underlying share at the date of fixing the closing value of each individual underlying share
  • Distributor´s costs valid at the issue date: about 0.74% p.a., you will find the precise expression in PDCP CONSUMER AUTOCALL 2 Purchase Agreement
  • Issuer´s costs valid at the issue date: you will find the precise expression in the Notification of Key Information

Description

Are you looking for an interesting investment opportunity in high quality companies? Do you want to participate in the development of shares of successful companies operating globally? Do you trust the force and long-term growth potential of companies operating in the consumer goods business but nevertheless fear of higher price fluctuation of their shares? If you rank among more experienced investors, then you may be interested in investing in three-year Prémiový dluhový cenný papír CONSUMER AUTOCALL 2 (PDCP CONSUMER AUTOCALL 2).

The Prémiový dluhový cenný papír CONSUMER AUTOCALL 2 with the option of early repayment provides the opportunity to gain an attractive annual yield of up to 6.25% (see Note). The total yield can then reach as much as 18.75% for its three-year duration.

The payout of the yield and the nominal value of the Prémiový dluhový cenný papír CONSUMER AUTOCALL 2 is based on the trend of shares of three significant multinational companies – Mondelez, Starbucks and Unilever. The selected companies represent well-known traditional brands whose products are part of people’s daily lives. Thanks to their global activities their incomes are diversified worldwide and are not affected just by consumer mood in a specific region.

Prémiový dluhový cenný papír CONSUMER AUTOCALL 2 in addition allows its early repayment as soon as after the first year of its duration and then subsequently every year until its maturity date.

Payment notes

How does the Prémiový dluhový cenný papír CONSUMER AUTOCALL 2 work?

  • The payout of the yield and nominal value of the Premium Bond depends on then trend of shares of companies such as Mondelez, Starbucks and Unilever.
  • For its duration the Premium Bond can be automatically paid out early once a year, if the value of each individual underlying share at the monitoring date equals or is higher than the comparative value of the underlying share at the relevant monitoring date.
  • If the automatic early repayment condition is not met, the Premium Bond continues to the next date of possible repayment. 
  • If the Premium Bond is automatically repaid early, the investor shall receive its nominal value and a yield of 6.25% (see Note) for every year which elapsed since the issue date. 
    You will find an EXAMPLE in the leaflet
  • If the automatic early repayment is not made and at the date of fixing the closing value of the individual underlying shares the price of any of the shares does not fall below the barrier of 55% of their initial value, the nominal value of the Premium Bond and the total yield of 18.75% (equivalent of three annual yields of 6.25% (see Note) shall be paid out at the maturity date.
  • If the automatic early repayment is not made and at the date of fixing the closing value of the individual underlying shares the price of at least one of the underlying shares falls below the barrier of 55% of its initial value and at the same time the closing value of any of the remaining shares shall not be equal or higher than their initial values, the payout of the nominal value of the Premium Bond at the maturity date shall be decreased by the loss of the worst of the three shares since the date of fixing its initial value until the date of fixing its closing value. The investor shall lose more than 45% of his investment and no yield shall be paid out to him.
    You will find an EXAMPLE in the leaflet
  • Principle of an additional protection mechanism: if the automatic early repayment is not made and at the date of fixing the closing value of individual underlying shares the price of at least one underlying share falls below the barrier of 55% of its initial value but at the same time the closing value of at least one of the shares equals or is higher than its initial value, the nominal value of the Premium Bond shall be paid out at the maturity date but no yield shall be paid.
    You will find the EXAMPLE in the leaflet

Settlement

  • The maturity date shall be 10 June 2022

Secondary market

  • Minimum purchased amount: 1 piece
  • Liquidity: daily according to current market prices shown in the Exchange Rate List of Česká spořitelna, a.s.

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Note: Any potential yields from the Premium Bond are paid in a lump sum at its automatic early or regular maturity date, the consolidated interest is not claimed

Note2: Risk-weight of the product is on a scale from 1 to 7 from a potentially lower risk and yield of 1 to a potentially higher risk and yield of 7, assuming that you will keep the product until its maturity date. The real risk may significantly differ in case you sell the product prematurely.


Underlying

MONDELEZ INTERNATIONAL INC.
US6092071058

Mondelēz is a global leader in its sphere of activities. Its products are sold in 160 countries and it employs about 100,000 people. In 2018 the company’s turnover reached almost USD 26 billion. Among the most famous brands are Oreo, LU, Prince or Tuc biscuits, Milka, Cadbury, Côte d'Or and Toblerone chocolate, Trident chewing gun, Jacobs or Carte Noir coffee, Philadelphia cream cheese spread, Halls menthol sweets or the Tassimo Hot Beverage System.

UNILEVER N.V.

It is one of the biggest world producers of food and drinks, hygiene and cosmetic products and agents for household care. Products that are used every day by about 2.5 billion consumers are sold by Unilever in more than 190 countries. Among the globally popular brands are Hellmann’s, Knorr, Magnum, Algida, Lipton, Rexona or Dove. In the Czech Repubic Míša and Savo have become iconic  brands. This English-Dutch company was established on 1 January 1930 and since 1991 it has been operating also in the Czech Republic. Globally it employs over 160,000 employees. Annually it spends about 1 billion Euro on research.

STARBUCKS CORP
US8552441094

It is an international coffee manufacturer and at the same time the biggest coffee shop retail chain. The company, which is based in Seattle, was established in 1971 and during its existence it managed to gain control of the world coffee market. In 2018 it operated almost 29,000 coffee shops in 77 countries, whereas in the Czech Republic it operates a total of 34. The company sells drip coffee, espresso drinks and other hot and cold beverages, roasted coffee, salads, sandwiches, bakery products, desserts and cups with pictures of hometown branches. Through Hear Music, its entertainment division and recording company, it sells books, music and films. Many of its products are seasonal or dependent on the location of the branch. Last year Starbucks opened 511 new coffee shops. President and CEO Kevin Johnson has been open about the company’s basic strategy which in his opinion has three cornerstones: 1) increasing involvement in the digital environment, 2) growing potential in China and 3) success of the brand in the development of coffee shops with their own Starbucks roasting plants.


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In our know-how area you can find all relevant details on the different types of bonds. The tutorial gives you selected information about the functionality of bonds and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.




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