Product wrap: Axa partners with Dutch BBVA vehicle in Spain

EUROPE Axa Seguros e Inversiones launched Primactiva Europa Valor V in Spain. The five-year medium-term note is linked to the Eurostoxx 50 and offers minimum 103% capital return at maturity. The product is issued via Douro Finance BV, the Dutch special purpose vehicle of BBVA. BNP Paribas Fortis is distributing the Opti Performance Note Real Estate 2024 in Belgium. If the underlying Stoxx Europe 600 Real Estate Index closes at or above its initial level on October 29 2024, the product offers 1