page 1 14 thunderbird series 7 5 year bullet static cdo of corporates this presentation contains indicative terms for discussion purposes only bnp paribas gives no assurance that any transaction will be consummated on the basis these and specific issuer is obligated to issue security or instrument such proposal does not constitute an offer sell solicitation buy enter into summary may 28 th 2004 leveraged corporate exposure through a diversified reference portfolio creates highly rated entities provides access universe 100 different all equally weighted across 15 countries 29 s&p industry sectors with average rating bbb investment grade obligation account more than initial notes description issued have maturity aa by date
