Product wrap: Milleis, BNP Paribas offer access to Euronext ESG index via life-insurance contract

EUROPE Nagelmackers collected €2.2m with an autocallable note on the Euronext Climate Orientation Priority 50 Index. The 10-year product can be redeemed early on November 14 2024, providing the index closes above 115% of its strike level. In that case it offers 125% capital return. Otherwise, at maturity, the product participates 100% in the positive performance of the index, subject to 36 months backend averaging. Natixis, the issuer will reimburse Nagelmackers for distributing the produc