The Dutch asset manager offers a coupon of 17% pa with autocall on Unilever and Philips, as it expects the two shares will be less affected by economic uncertainties.
Wilgenhaege is distributing Unilever-Philips 17% in The Netherlands. The asset manager’s latest autocallable is issued via Sociéte Générale and will be redeemed early, annually, if the shares of Unilever and Philips close at or above their strike level on the valuation date. There are quite a few uncertainties in today’s economy and these two companies are probably going to be less affected by this than industrial firms would be “We have opted for two D
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