The 12-year structure offers predefined payouts and conditional protection with annual callability from the first year.

Hedios has launched H Performance 69 in France. The12-year note is issued on the paper of Crédit Mutuel Arkéa and linked to the Euro iStoxx 50 Equal Weight NR Decrement 5% Index.

If the note reaches maturity, investors receive 153% of their initial investment, provided the index is not down more than 20% from its initial level on 2 June 2038

The product offers conditional capital protection at maturity and annual autocall opportunities from the first year. 

It redeems early if the index closes at least five percent above its initial level on the annual valuation date. In that case, it returns 100% of capital plus a 17% gain, increased by three percent for each elapsed year.

If the note reaches maturity, investors receive 153% of their initial investment, provided the index is not down more than 20% from its initial level on 2 June 2038.

Further, a decline between 20% and 30% will result in full capital return with no gain, while a fall of more than 30% will lead to a capital loss equal to the full index decline.

The underlying Euro iStoxx 50 Equal Weight NR Decrement 5% Index replicates the performance of the Eurostoxx 50 Equal Weight Net Return Index while assuming a constant dividend markdown. 

The index has gained around eight percent over the past year and is up around 0.6% year-to-date, reflecting modest early-2026 gains after a stronger 2025 performance.

The product struck on 2 June, with final observation on 2 June 2038 and maturity on 9 June 2038. With a minimum denomination of €1,000 (US$1,165) per note, it is listed on Euronext Paris.

Image: LP2Studio/Adobe Stock


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