Published on 8/21/2003 in the Prospect News Convertibles Daily.
New Issue: ABN Amro sells $1.44 million 7.9% reverse exchangeables linked to First Data
New York, Aug. 21 - ABN Amro Bank NV priced $1.44 million reverse exchangeable notes linked to First Data Corp. stock, according to a filing with the Securities and Exchange Commission.
Issuer: | ABN Amro Bank NV
|
Issue: | Reverse exchangeable senior medium-term notes
|
Amount: | $1.44 million
|
Maturity: | Aug. 25, 2004
|
Coupon: | 7.9%
|
Price: | Par
|
Payout at maturity: | Smaller of stock at exchange ratio, paid in stock, or par in cash
|
Exchange ratio: | 25.602 shares of First Data Corp. stock
|
Exchange price: | $39.06 (price of First Data Corp. stock on pricing date)
|
Pricing date: | Aug. 20
|
Settlement: | Aug. 25
|
Lead manager: | ABN Amro Financial Services
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.