INVESTMENT DESCRIPTION
This is a 5 year 2 week Plan linked to the performance of the S&P 500 Index. The Plan is constructed to offer a potential return of 7.30% p.a.
If on any semi-annual observation date (including the Final Observation date), starting at Year 2, the Underlying Index is at or above its Initial Kick-Out Level, the investment will mature. Initial capital plus the coupon for each semi-annual period which has elapsed is paid and the investment will end.
If the investment does not kick-out early, then at the Final Observation date if the Underlying Index is at or above the Initial Kick Out Level the Investor receives initial capital plus 3.65% for each semi-annual period that has elapsed and the investment will end. If it is below the Kick Out Level and the Underlying is below 65% of its Initial Level at maturity, capital return will be reduced on a 1-for-1 basis.
CURRENCY GBP
STRIKE DATE 01/08/2025
ISIN XS3049990636
COUNTERPARTY BNP Paribas
TYPE Plan
RETURN & BARRIERS
Issue: BNP Paribas
Investment Term: 5 years 2 weeks
Investment Return: 7.30% p.a. if, on any semi-annual Observation date, starting in year 2, the Underlying Index is at or above the relevant kick-out level.
Capital Protection: Your initial capital will be returned provided the Underlying Index is at or above 65% of the initial strike level at maturity.
MATURITY DATE
02/08/2027
FINAL MATURITY DATE
12/08/2030