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Published on 11/6/2013 in the Prospect News Structured Products Daily.

New Issue: BNP Paribas prices $208,000 buffered notes due 2017 linked to the Dow

By Jennifer Chiou

New York, Nov. 6 - BNP Paribas, New York Branch priced $208,000 of 0% buffered notes due Oct. 31, 2017 linked to the Dow Jones industrial average, according to a term sheet.

The payout at maturity will be par plus any gain in the index.

Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

BNP Paribas Securities Corp. is the underwriter.

Issuer:BNP Paribas, New York Branch
Issue:Buffered notes
Underlying index:Dow Jones industrial average
Amount:$208,000
Maturity:Oct. 31, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain; par for losses up to 15%; 1% loss per 1% drop beyond 15%
Initial index level:15,568.93
Pricing date:Oct. 28
Settlement date:Oct. 31
Underwriter:BNP Paribas Securities Corp.
Fees:Up to 3%
Cusip:05574LR75

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