By Cristal Cody
Chicago, June 10 – ABN Amro Bank NV sold $750 million of 1.542% notes due June 16, 2027 on Wednesday, according to a market source.
The notes priced at a spread of Treasuries plus 80 basis points, 20 bps lower than talk in the Treasuries plus 100 bps area.
The notes come with five years of call protection.
The notes, which mature on June 16, 2027, are non-callable for five years.
ABN Amro, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley and Standard Chartered Bank are the bookrunners.
The Dutch bank is based in Amsterdam.
| Issuer: | ABN Amro Bank NV
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| Issue: | Notes
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| Amount: | $750 million
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| Maturity: | June 16, 2027
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| Bookrunners: | ABN Amro, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley and Standard Chartered Bank
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| Coupon: | 1.542% initial rate
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| Spread: | Treasuries plus 80 bps
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| Call features: | Five years
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| Trade date: | June 9
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| Price talk: | Treasuries plus 100 bps area
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