By Cristal Cody
Tupelo, Miss., Jan. 10 – ABN Amro Bank NV sold $1.85 billion of notes (A1/A/A+) in three-year tranches on Tuesday, according to a market source.
The company priced $750 million of floating-rate notes due Jan. 19, 2021 at Libor plus 41 basis points.
ABN Amro sold $1.1 billion of 2.65% three-year notes at a Treasuries plus 60 bps spread.
BofA Merrill Lynch, Barclays, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Wells Fargo Securities LLC were the bookrunners.
The Dutch bank is based in Amsterdam.
Issuer: | ABN Amro Bank NV
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Amount: | $1.85 billion
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Description: | Notes
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Bookrunners: | BofA Merrill Lynch, Barclays, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Wells Fargo Securities LLC
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Trade date: | Jan. 9
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Ratings: | Moody’s: A1
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| S&P: A
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| Fitch: A+
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|
Three-year floaters
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Amount: | $750 million
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Maturity: | Jan. 19, 2021
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Coupon: | Libor plus 41 bps
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|
Three-year notes
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Amount: | $1.1 billion
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Maturity: | Jan. 19, 2021
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Coupon: | 2.65%
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Spread: | Treasuries plus 60 bps
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