WTMA Plc announce the following products will be compulsorily redeemed
WisdomTree Multi Asset Issuer Public Limited Company today announced that the following products will be compulsorily redeemed. This is due to the fall in oil prices causing the swap provider to close out the underlying swap contracts backing these products:
+ WisdomTree WTI Crude Oil 3x Daily Leveraged
+ WisdomTree Brent Crude Oil 3x Daily Leveraged
(together the “Impacted Products”)
The Issuer will make a further announcement to confirm the final amount that Security Holders will receive in respect of the Impacted Products and the date on which the Issuer will pay out such amounts.
For further information please see:
+ WTMA legal announcement 09/03/2020
+ WTMA legal announcement 13/03/2020
+ FAQ