Enhanced fixed income returns
Credit Linked Note
Discover our Credit-Linked Note (CLN) offering a compelling 10.85% annual coupon in USD. This note provides capital protection at maturity, subject to the credit performance of Jaguar Land Rover (JLR) Automotive PLC. Issued and guaranteed by highly-rated BNP Paribas, it’s designed for investors seeking attractive, regular income with transparent credit exposure and flexible liquidity.
Key features
- High Fixed Coupon: Offers a fixed annual coupon of 10.85% in USD, paid semi-annually, providing a significant yield pick-up over comparable bonds.
- Capital Protection at Maturity (No Credit Event): Designed for 100% capital protection at its scheduled maturity date of July 5, 2028, provided no Credit Event occurs.
- Credit Risk Exposure: Principal and interest are at risk if a Credit Event (e.g., Bankruptcy, Failure to Pay, Restructuring) occurs with the Reference Entity, Jaguar Land Rover Automotive PLC.
- Institutional Backing & Liquidity: Issued by BNP Paribas Issuance B.V. and guaranteed by BNP Paribas (both highly rated), with no lock-in period and efforts made to provide secondary market liquidity.
- Accessible Investment: Minimum investment of USD 25,000 nominal, making it accessible for various investors seeking attractive fixed income returns.

