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AACORN Investment Summary

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 Outlook:

As at February 27, 2009, Abria Alternative Strategies Fund, the fund to which the Notes were linked, was wound up.  Therefore, the Notes have now become zero coupon bonds, returning their principal of $100 per Note at the Maturity Date.

 


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