Crelan, AXA partner with BNPP – return to equities

Crelan has collected €47.5m (US$52m) with Global Select Coupon Plus 2029 in Belgium. The six-year, capital protected certificate pays a fixed coupon of 2.75% per annum, totalling 16.50%. Its return at maturity is linked to the performance of the Stoxx Global Select Dividend 100, which is subject to 25 months backend averaging. We are fully convinced of the potential returns of equity-linked structures - Koen Theys If the average performance of the index is between 116.50% and 150%, the