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ZKB Barrier Reverse Convertible on worst of
HelloFresh SE/Delivery Hero SE

ISIN: CH1446532835 Security: 144653283 Symbol: n.a. Life cycle
Secondary market

Bid Price 97.58%

Ask Price 0.00%

Currency qCHF

Exchange ZKB

Volume 20'000.00

Volume n.a.

Date/time (realtime) 12.09.2025 05:45:16

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
HelloFresh I7.69.081EUR9.08
(100.00%)
-19.49%4.541
(50.00%)
40.26%n.a.
Delivery Hero SE N26.3627.13EUR27.13
(100.00%)
-2.92%13.565
(50.00%)
48.54%n.a.

Reference data

ISIN CH1446532835
Security 144653283
Symbol n.a.
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'133.13

Coupon

Coupon (Coupon p.a.)13.31% (26.33% )
Coupon paymentguaranteed
Interest portion p.a.0.00%
Premium portion p.a.26.33%
Coupon date02.02.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date24.07.2025
Payment day31.07.2025
First trading day31.07.2025
Last trading day26.01.2026
Final fixing day26.01.2026
Redemption date02.02.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term134
Issue amount20'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue -16.31%

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 taxNo
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 Return0.00%
Cash value of fixed income investment upon issue100.00%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date02.02.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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