This product is a six-month review reverse convertible product linked to the common stock of Ford Motor Company. It pays monthly coupons and investors' principal is at risk if the 75% barrier is broken during the term.
The monthly coupon is paid regardless of the performance of underlying stock. Coupons are paid at a rate equivalent to 10% per annum, which equates to a monthly payment of roughly 0.833% of principal. Interest is payable monthly in arrears on the twenty-ninth calendar day of each