E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/2/2015 in the Prospect News Structured Products Daily.

BNP Paribas plans return enhanced notes linked to Nasdaq 100 index

New York, Jan. 2 – BNP Paribas plans to price 0% return enhanced notes due Feb. 29, 2016 linked to the Nasdaq 100 index, according to a term sheet.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus 2.5 times the index return capped at a maximum of par plus 10% to 13%. The exact terms will be set at pricing.

Investors will be exposed to any declines in the index.

The notes (Cusip: 05579T7J9) are expected to price on Jan. 27 and settle on Jan. 30.

BNP Paribas is the agent.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.