BNP Paribas plans notes linked to stocks picked from Richard Bernstein Industrial Renaissance universe

By Angela McDaniels

Tacoma, Wash., Oct. 4 - BNP Paribas plans to price 0% return enhanced notes due Oct. 30, 2015 linked to a basket of common stocks selected from the Richard Bernstein Advisors American Industrial Renaissance universe, according to a term sheet.

The basket includes Acuity Brands, Inc., American Railcar Industries, Inc., Covanta Holding Corp., Generac Holdings Inc., Huntington Bancshares Inc., MasTec, Inc., Proto Labs, Inc., Quanta Services, Inc., Trinity Industries, Inc. and URS Corp.

If the final basket level is greater than or equal to the initial basket level, the payout at maturity will be par plus 150% of the basket return, subject to a maximum return of 30% to 35% that will be set at pricing. If the final basket level is less than the initial basket level, investors will have 1-to-1 exposure to the decline.

BNP Paribas Securities Corp. is the agent.

The notes are expected to price Oct. 28 and settle Oct. 31.

The Cusip number is 05574LQW1.

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