AB Financial to redeem €500,000 series 216 autocallables on Oct. 23

By Sarah Lizee

Olympia, Wash., Oct. 9 – AB Financial Products DAC said its €500,000 series 216 single underlying autocallable notes will be redeemed on Oct. 23.

The issuer said the automatic redemption is a result of the reference level of the shares being greater than the redemption threshold on the observation date that occurred on Oct. 3.

The notes will be redeemed at par, according to a notice.

The notes are guaranteed by Andorra Banc Agrícol Reig, SA.

Andorra Banc, together with its subsidiaries, provides banking products and services in Andorra.

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