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Unit on SMI® Index with reference bond Noble Group

  • Valor 24173050
  • ISIN CH0241730503
  • Symbol VUSNI
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CurrencyCHF
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  • Collateralized Secured Instrument
  • Reference Entities

Structured Products linked to the credit of Reference Entities are complex financial products. In addition to conventional risks such as market, currency and issuer risk (the latter being reduced due to COSI collateralization), investors bear the specific risks associated with and resulting from the respective Reference Entity. Investors are advised to ensure that they fully understand and approve of the risks associated with Structured Products with Reference Entities before purchasing such products.

SMI® (Swiss Market Index)CHF 
Please note that this is an indication.

Documents

Official Notice

Issuer: Vontobel Financial Products Ltd., DIFC Dubai
Product: Unit on SMI® Index with reference bond Noble Group
CH-Sec.No: 24173050
ISIN: CH0241730503

SUBJECT: NOBLE GROUP LTD LIQUIDATION

Based on the Final Results of the Noble Group Ltd CDS Auction, 25 April 2018, the determined percentage redemption factor is 45.25% (+ option price 4.00%).
The liquidation amount of CHF 492.50 per CHF 1000 nominal will be redeemed within 10 days of this publication.

Date: 03 May 2018
Bank: Bank Vontobel AG
Person: Issuance CH-APAC
Phone: +41 58 283 78 75
E-Mail: IssuanceCH-APAC@vontobel.com

Official Notice

Issuer: Vontobel Financial Products Ltd., DIFC Dubai
Product: Unit on SMI® Index with reference bond Noble Group
CH-Sec.No: 24173050
ISIN: CH0241730503

SUBJECT: Default Event Notice

According to the announcements published by the ISDA Credit Derivatives Determinations Committee, a Default Event (default of payment) has occurred with respect to the reference bond.

ISDA Credit Derivatives Determinations Committee will hold an auction to settle relevant deliverable obligations, the result of which we will take into account for the purpose of our determinations. The percentage Redemption Factor will be published by Bank Vontobel AG, Zurich as soon as possible.

As a consequence, we postpone the payment of any amount (including coupon payment) with the effect from 23 March 2018 until further notice.

Date: 12 April 2018
Bank: Bank Vontobel AG
Person: Issuance CH-APAC
Phone: +41 58 283 78 75
E-Mail: IssuanceCH-APAC@vontobel.com
TypeDateTitle
Corporate action03/05/2018NOBLE GROUP LTD LIQUIDATION
Corporate action12/04/2018Default Event Notice

Documents