By Emma Trincal
New York, March 20 – BNP Paribas priced $3.68 million of 0% autocallable leveraged notes due March 22, 2027 linked to the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a term sheet.
If each underlying index closes at or above its initial level on March 19, 2025, the notes will be automatically called at par plus 18%.
If the notes are not called and the worst performing index finishes at or above its initial level, the payout at maturity will be par plus 2.12 times the index gain.
If the worst performing index declines but finishes at or above its 70% downside threshold level, the payout will be par. Otherwise, investors will lose 1% for every 1% that the worst performing declines from its initial level.
BNP Paribas Securities Corp. is the agent.
The notes will be guaranteed by BNP Paribas, New York Branch.
| Issuer: | BNP Paribas
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| Guarantor: | BNP Paribas, New York Branch
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| Issue: | autocallable leveraged notes
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| Underlying index: | Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index
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| Amount: | $3,676,000
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| Maturity: | March 22, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus 2.12 times the gain; par if index falls by 30% or less; full exposure to losses if index finishes below downside threshold level
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| Call: | At par plus 18% if the worst performing index closes at or above its initial level on March 19, 2025
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| Initial level: | 38,714.77 for Dow, 17,808.25 for Nasdaq and 2,039.322 for Russell
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| Downside threshold: | 70% of initial levels
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| Pricing date: | March 15
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| Settlement date: | March 20
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| Agent: | BNP Paribas Securities Corp.
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| Fees: | 0.0837%
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| Cusip: | 05612CKH4
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