New Issue: ABN Amro sells $1.625 million 8% reverse exchangeables linked to Home Depot

New York, June 3 - ABN Amro Bank NV priced $1.625 million of nine-month 8% Reverse Exchangeable notes linked to Home Depot, Inc. common stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Reverse Exchangeable senior medium-term notes, series A
Underlying stock:	Home Depot, Inc.
Amount:	$1.625 million
Maturity:	March 2, 2006
Coupon:	8%, payable quarterly
Price:	Par
Exchange ratio:	25.019 (Par divided by initial stock price of $39.97)
Payout at maturity:	Par in cash if Home Depot stock closes at or above initial price of $39.97, otherwise 25.019 shares of Home Depot stock
Pricing date:	May 27
Settlement date:	June 2
Lead managers:	ABN Amro Financial Services, Inc., ABN Amro Inc.

© 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.