Woche 22: Flights / Tourism Reloaded / Twin Win

Air travel will be possible shortly. Benefit from the prompt recovery of the travel industry with our Twin Win

The early opening of most of the borders as well as the restart of the air traffic is more than a small glimmer of hope, after the dark last weeks, for the aviation- and the travel industry. According to the current state it will even be possible to have a holiday on the Mediterranean Islands.

 

This week we present you an 24M TWIN WIN on a basket of companies which participate directly or indirectly on the recovery of the flight and travel activities. In case of increasing prices this product reacts like a Tracker Certificate. Up to the European Barrier of 87%, the negative yield will be transformed 1:1 into a positive product performance. If the average underlying performance is below the Barrier it acts again like a Tracker Certificate (see also redemption table).


 

Market Expectation:
 

  • positive - increasing prices in these industry sectors up to maturity
  • a slightly negative performance (up to 12.99% Basket) is not completely excluded

    


 

24M TWIN WIN in USD

Currency USD (Quanto)
Denomination USD 1000
Underlying (Basket) Deutsche Lufthansa AG (LHA GX)
Booking Holdings Inc (BKNG UW)
Air FranceKLM (AF FP)
Boeing CoThe (BA UN)
Airbus SE (AIR FP)
Maturity  24 months
Participation 100%  
Cap  No Cap
EU-Barrier 87%
Strike 100%
Issuer Rating A- minimum
Issue Price 100%
Indication 28.05.2020
Finders fee Upon request


We are happy to customize the relevant components exactly to your personal preferences. Please imagine that the indications can change day by day.

 

Redemption:

Performance Basket +90% +50% +-0% -12% -40%
Auszahlung Twin Win +90% +50% +-0% +12% -40%

 

 


Are you interested in this topic? Please contact us and we will replicate your personal market view "tailor made" with our innovative products. We would be delighted to develop further hedging - arbitrage - or speculation opportunities for you. If you have already exact ideas of your favourite product we'll generate you the best conditions from more than 25 issuers. 

 

 

Text und analysis by Florian Franz 
Partner at Carat Solutions AG

 


 

Please find below the chart with the development of the relevant underlying during the last 2 years: