Wednesday, 15 September 2021 Reading time : 3 minutes

No investor will have failed to notice that the latest Swiss success story is listing on the New York Stock Exchange this afternoon - ON Running goes Public!

The company has impressive figures to show: since its founding, sales have increased significantly every year, which is quite an achievement in a well-saturated market. In a short time, the number of employees has grown to over 800, and the products are now sold in over 60 countries.

Although ON's market current capitalization is negligible compared to top dogs such as Nike, Puma or Adidas, the stock certainly has potential; ON Running is considered to be the fastest growing sports company at the moment - and this in a worldwide sales market that is growing every year.

Zürcher Kantonalbank offers investors various opportunities to become part of ON's stock market story:

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Yield Optimization

Callable Barrier Reverse Convertible on ON Holding (CHF)

• 8% coupon p.a.*
• Conservative barrier at 60%*
• 15 months maturity
• Subscription deadline September 17, 2021, 4:00 p.m.
• Termsheet

Callable Barrier Reverse Convertible on ON Holding, Under Armour and Lululemon (USD)

• 14% coupon p.a.*
• Conservative barrier at 55%*
• 12 months maturity
• Subscription deadline September 17, 2021, 4:00 p.m.
• Termsheet

Barrier Reverse Convertible on ON Holding, Adidas and Nike (CHF)

• 10.25% Coupon p.a.*
• Barrier at 65%*
• 12 months Maturity
• Subscription deadline September 17, 2021, 4:00 p.m.
• Termsheet

*indicative

 

Disclaimer
This communication is for marketing purposes. It is neither an offer nor an invitation to submit an offer, to purchase or to subscribe to securities and does not constitute investment advice. You should consult your advisors before making an investment decision.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, financial condition, development or performance of the issuer to be materially different from any future results, financial condition, development or performance expressed or implied by such statements.
The present document has not been drawn up by the research department as defined in the rules of the “Directives on the Independence of Financial Research” published by the Swiss Bankers Association, hence these rules do not apply to this document.
If securities are mentioned in the communication, the base prospectus, the final terms and any key information document may be obtained free of charge from Zürcher Kantonalbank, Bahnhofstrasse 9, 8001 Zurich, VRIS, and from www.zkb.ch/finanzinformationen.