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Bank of the West plans principal-protected CDs linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Nov. 13 – Bank of the West plans to price 0% market-linked certificates of deposit due Nov. 27, 2024 linked to the Euro Stoxx 50 index, according to a term sheet.
The payout at maturity will be par plus 105% of the index return, subject to a minimum payout of par.
BNP Paribas Securities Corp. is the agent. Incapital LLC is distributor.
The CDs will price Nov. 17.
The Cusip number is 06426XUA6.
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