3OIS Compulsorily Redemption
WisdomTree Multi Asset Issuer Public Limited Company today announced that the following product will be compulsorily redeemed. This is due to the rise in oil prices causing the swap provider to close out the underlying swap contracts backing these products:
+ WisdomTree WTI Crude Oil 3x Daily Short
Application has been made to the London Stock Exchange, Borsa Italiana and Deutsche Boerse (being the exchanges where the Impacted Products are admitted to trading) to request the Impacted Products be suspended with immediate effect and delisted.
The Issuer will make a further announcement to confirm the date on which the Issuer will pay out such amounts.
For further information please see:
+ FAQ