Issuer:
BNP Paribas (Canada) (the “Bank” or “BNP”), a wholly owned subsidiary of BNP Paribas S.A.
Principal Amount:
$100 per Note
Principal Guarantee:
100% return of principal guaranteed by BNP Paribas S.A.,
Payment at Maturity:
The sum of $100 and the final Basket Value
Maturity Date:
May 31, 2015
Credit Rating:
BNP Paribas S.A. currently has long-term senior debt ratings of “AA” by Standard & Poor’s, “AA” by Fitch and “Aa2” by Moody’s, all with stable outlook.
Investment Manager:
Abria Capital Management Inc. is the Investment Manager of the Abria Alternative Strategies Fund (the “Fund”).
Investment Advisor:
Abria Alternative Investments Inc. is the Investment Advisor to the Investment Manager in respect of the Fund, and is also the manager and distributor of the Abria Alternative Combined Return Notes (“AACORN”).
Investment Strategy:
To achieve the growth target objective, the net proceeds of the offering will be invested in the Fund on a leveraged basis (the “Basket”). Fund assets will be invested globally in alternative strategy funds. The Investment Manager will utilize a multi-manager, multi-strategy, diversified approach in accordance with the investment strategy of the Fund.
Risks:
Investment in the Abria Alternative Combined Return Notes is subject to a number of risk factors. Please see the “Risk Factors” in the Information Statement for more details.
