New Issue: BNP Paribas prices $3.04 million contingent buffered notes linked to Hang Seng China

By Susanna Moon

Chicago, Nov. 5 - BNP Paribas, New York Branch priced $3.04 million of 0% contingent buffered equity notes due Nov. 14, 2013 linked to the Hang Seng China Enterprises Index and the spot rate of the Hong Kong dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the index, up to a maximum return of 32%.

Investors will receive par if the index falls by up to 20% and will be fully exposed to any losses if the index falls below the barrier level.

JPMorgan is the agent.

Issuer:	BNP Paribas, New York Branch
Issue:	Contingent buffered equity notes
Underlying index:	Hang Seng China Enterprises Index and the spot rate of the Hong Kong dollar
Amount:	$3.04 million
Maturity:	Nov. 14, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 32%; par if index falls by 20% or less; exposure to any losses if index falls below trigger level
Initial level:	10,449.53
Initial spot rate:	0.129029
Barrier level:	80% of initial level
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agent:	JPMorgan
Fees:	1%
Cusip:	05574LBL1

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