BNP ParibasGrowth NoteDual Directional3 Years
Key Dates
Dual-Directional Catapult Growth Note - Earn 58.60% in Year-1 or 2x in Year-3
Space Exploration Corp
SPCX
Designs, manufactures, and launches reusable rockets and spacecraft while providing satellite-based broadband internet through Starlink.
Market Cap
$1,430bn
3-Yr CAGR
-
3-Yr Max DD
-
Lockheed Martin
LMT
Develops and manufactures advanced defense, aerospace, missile, and space systems for government and military customers worldwide.
Market Cap
$124bn
3-Yr CAGR
7%
3-Yr Max DD
-26%
CAGR: Compound Annual Growth Rate · DD: Maximum Drawdown
Note is called in Year-1
55%
Underlier is up 20% at maturity
40%
Underlier is down 20% at maturity
20%
Underlier is down 50% at maturity
-50%
Initial Premium: The investor receives 55% if note is called in Year-1. If not called; you receive 2x upside participation at maturity based on the performance of the worst-underlier.
Dual-Directional Returns: The note can generate a positive return if the worst-performing underlier, SPCX or LMT, finishes either higher or lower than its initial level, up to 40%. Example: If worst-underlier finishes at -30%, you receive the absolute return of that decline; +30%.
1:1 Downside Beyond Barrier: If the worst-performing underlier falls below the 40% barrier, investors are exposed to losses on a 1:1 basis beyond the barrier, according to the note’s terms.