Inhaltsseite: Home

ZKB Barrier Reverse Convertible on worst of
American Airlines Group Inc/Delta Air Lines Inc (DE)/United Airlines Holdings Inc

ISIN: CH1425322471 Security: 142532247 Symbol: n.a. Life cycle
gray-market

Bid Price 103.06%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 20'000.00

Volume n.a.

Date/time (realtime) 12.05.2025 03:40:41

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
American Airlines N11.1110.915USD10.92
(100.00%)
1.76%6.549
(60.00%)
41.05%91.6170
Delta Air Lines N48.3447.095USD47.10
(100.00%)
2.58%28.257
(60.00%)
41.55%21.2337
United Airlines N77.2777.52USD77.52
(100.00%)
-0.32%46.512
(60.00%)
39.81%12.8999

Reference data

ISIN CH1425322471
Security 142532247
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'083.64

Coupon

Coupon (Coupon p.a.)8.36% (24.82% )
Coupon paymentguaranteed
Interest portion p.a.4.40%
Premium portion p.a.20.42%
Coupon date15.08.2025
Day count conventionAct/365 (Englisch), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date08.05.2025
Payment day15.05.2025
First trading day15.05.2025
Last trading day08.09.2025
Final fixing day08.09.2025
Redemption date15.09.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term118
Issue amount20'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -0.32%

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zuercher Kantonalbank Finance (Guernsey) Ltd
Keep-Well Agreement with Zürcher Kantonalbank, Zürich
Issuer rating
Lead manager Zürcher Kantonalbank, Zürich
Payment, execution and calculation agent Zürcher Kantonalbank, Zürich

Tax aspects (Private investor tax domicile Switzerland)

Income taxYes
Withholding taxNo
Stamp duty payable in the secondary marketNo
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Returnn.a.
Cash value of fixed income investment upon issuen.a.
Cash value of fixed income investment upon redemptionn.a.

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date15.09.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

Ajax loading