Banque Palatine launches ‘Palatine Avenir 2032’

(Boursier.com) — Banque Palatine, bank for mid-sized companies, their managers and Banque Privée, a subsidiary of Groupe BPCE, launched Palatine Avenir 2032 (ISIN code FR001400N5T7) to its clients (Eligibility: Securities account excluding PEA and life insurance).

Palatine Avenir 2032 (ISIN code FR001400N5T7) is a debt security dedicated to investors wishing to benefit from the potential rise in the international equity market within the limit, where applicable, of the automatic early repayment mechanism, while benefiting from repayment in full capital at maturity as long as, on that date, the underlying Solactive Transatlantic Diversified Selection Index AR5 index does not fall below 50% of its initial level.
If the index were to close below this level at maturity, then investors would be exposed to the loss of the Index and would therefore suffer a capital loss which could be partial or total.