New Issue: BNP Paribas prices $790,000 return enhanced notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Nov. 6 - BNP Paribas priced $790,000 of 0% return enhanced notes due Nov. 19, 2014 linked to the S&P 500 index, according to a term sheet.

The payout at maturity will be par plus 200% of any index gain, subject to a maximum return of 14.9%. If the index return is negative, investors will be fully exposed to the decline.

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

Issuer:	BNP Paribas
Issue:	Return enhanced notes
Underlying index:	S&P 500
Amount:	$790,000
Maturity:	Nov. 19, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, subject to maximum return of 14.9%; full exposure to any index decline
Initial index level:	1,761.64
Final index level: Average of index's closing levels on five days ending Nov. 14, 2014
Pricing date:	Nov. 1
Settlement date:	Nov. 6
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1%
Cusip:	05574LS33

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