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Prospect News home > News index > List of issuers B > Headlines for BNP Paribas > News item
Published on 4/14/2014 in the Prospect News Structured Products Daily.

BNP Paribas plans return enhanced notes on PowerShares S&P 500

By Jennifer Chiou

New York, April 14 - BNP Paribas plans to price 0% return enhanced notes due April 28, 2017 linked to the performance of PowerShares S&P 500 Low Volatility Portfolio, according to a term sheet.

If the final price is greater than or equal to the initial price, the payout at maturity will be par plus 170% to 180% of the return.

Investors will share in losses.

The notes (Cusip: 05574LY93) are expected to price on April 25 and settle on April 30.

BNP Paribas Securities Corp. is the agent. Advisors Asset Management, Inc. is distributor.


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