Callable Contingent Coupon Underlier-Linked Notes - Worst of Option (40054LWX8)

This is an income product linked to the SPDR S&P Biotech ETF and SPDR S&P Oil & Gas Exploration & Production ETF.The product offers a quarterly coupon of 11.50% pa only if each underlying is greater than or equal to 70% of its respective initial level on the applicable observation date; otherwise no coupon is paid for that date.The issuer may terminate the product on any quarterly date after the f...

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