Product snapshot: Wilgenhaege chooses SocGen for latest worst-of play

Wilgenhaege is distributing the TKH ASMI 17% structured note in the Netherlands. The five-year autocallable is issued via Société Générale and can be redeemed early, annually, if the shares of TKH and ASMI close at or above their strike level on any of the valuation dates. In that case the note pays a coupon of 17% per year elapsed. “The more shares you add as underlying, the higher the coupon, because the chances that one will not perform are of course greater