ABN AMRO intends to issue Additional Tier 1 Capital
June 08 2020 - 1:57AM
ABN AMRO intends to issue Additional Tier 1 Capital
Not for release, publication or distribution, in whole or in
part, in or into or from US, Japan, Australia or any other
jurisdiction where to do so would constitute a violation of the
relevant laws or regulations of such jurisdiction.
ABN AMRO intends to issue Additional Tier 1
Capital
ABN AMRO Bank intends to issue deeply subordinated securities
that qualify as Additional Tier 1 capital under CRR.
The intended issuance will be in the form of EUR denominated
Perpetual Additional Tier 1 Capital Securities which can be called
in 2025 with a temporary write-down loss absorption mechanism and
discretionary non-cumulative coupons. The issue and sale of the
Additional Tier 1 Capital Securities remains subject to market
conditions. The final version of the Registration Document and
Offering Circular will become available on the ABN AMRO
website.
The initial coupon and final amount of any Additional Tier 1
Capital Securities sold will be determined at the conclusion of the
offering process and will be announced in a separate press
release.
This press release shall not constitute an offer to purchase or
the solicitation of an offer to purchase, nor shall there be any
sale of these Additional Tier 1 Capital Securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the relevant
securities laws of any such jurisdiction.
ABN AMRO Press Office
ABN AMRO Investor
Relations Jarco de Swart
Dies Donker Senior Press
Officer
Head of
Investor Relations pressrelations@nl.abnamro.com
investorrelations@nl.abnamro.com+31 20
6288900
+31 20 6282282
This press release is published by ABN AMRO Bank N.V. and
contains inside information within the meaning of article 7 (1) to
(4) of Regulation (EU) No 596/2014 (Market Abuse Regulation)
- 20200608 ABN AMRO intends to issue Additional Tier 1
Capital
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