This is a 4 year product paying in Euro issued by BNP Paribas. It is Express Certificate Plus linked to the performance of Apple Inc and International Business Machines Corp from 9/25/2015 to the last observation date 9/23/2019 and will be monitored at annual periods. The product will mature early if on any annual date, from period 1, the worst performing underlying is at or above 100% of its initial level (on the relevant date). In this case the product will repay the initial investment plus a coupon of 5.6%, 5.6% and 11.2% (on the relevant date when the autocall is triggered). Otherwise the product will pay a coupon of 5.6% if the underlying is at or above the 0%, 0% and 55% of its initial level. If the product runs to maturity, it will repay the initial investment plus a coupon of 5.6% so long as the worst performing underlying is at or above 55% and when the underlying level is at or above the 100% an additional coupon of 5.6% will be paid. If the European protection barrier of 55% has not been breached, the nominal value will be paid, otherwise the product will repay the initial investment less any negative worst performing underlying measured over the term of the product
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BNP Athena Double Relax Double Chance AAPL IBM 5.6 - 30.09.2019
Key Investment Document (KID)
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