BNP Paribas plans contingent buffered market notes tied to Euro Stoxx

By Susanna Moon

Chicago, Nov. 6 - BNP Paribas plans to price 0% contingent buffered market plus notes due May 14, 2014 linked to the Euro Stoxx 50 index, according to a term sheet.

If the index finishes at or above the 80% barrier level, the payout at maturity will be par plus the greater of any gain and the contingent minimum return of 8%.

Otherwise, investors will fully exposed to any losses.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.

The notes will price on Nov. 9 and settle on Nov. 15.

The Cusip number is 05574LCA4.

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