Obligation ABN AMRO 4.75% ( XS1165505980 ) en NZD

Société émettrice ABN AMRO
Prix sur le marché 100 %  ⇌ 
Pays  Pays-Bas
Code ISIN  XS1165505980 ( en NZD )
Coupon 4.75% par an ( paiement annuel )
Echéance 20/01/2020 - Obligation échue



Prospectus brochure de l'obligation ABN AMRO XS1165505980 en NZD 4.75%, échue


Montant Minimal 2 000 NZD
Montant de l'émission 100 000 000 NZD
Description détaillée L'Obligation émise par ABN AMRO ( Pays-Bas ) , en NZD, avec le code ISIN XS1165505980, paye un coupon de 4.75% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 20/01/2020







Execution copy
FINAL TERMS
Date: 19 January 2015
ABN AMRO Bank N.V.
(incorporated in The Netherlands with its statutory seat in Amsterdam and registered in the
Commercial Register of the Chamber of Commerce under number 34334259)
Issue of NZD 100,000,000 4.75 per cent. Senior Unsecured Fixed Rate Notes due
January 2020 (the "Notes")
under the Programme for the issuance of Medium Term Notes
The Base Prospectus referred to below (as completed by these Final Terms) has been
prepared on the basis that any offer of Notes in any Member State of the European Economic Area
which has implemented the Prospectus Directive (each, a "Relevant Member State") will be made
pursuant to an exemption under the Prospectus Directive, as implemented in that Relevant Member
State, from the requirement to publish a prospectus for offers of the Notes. Accordingly any person
making or intending to make an offer in that Relevant Member State of the Notes may only do so in
circumstances in which no obligation arises for the Issuer or any Dealer to publish a prospectus
pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to Article 16 of
the Prospectus Directive, in each case, in relation to such offer. Neither the Issuer nor any Dealer has
authorised, nor do they authorise, the making of any offer of Notes in any other circumstances.
The expression Prospectus Directive means Directive 2003/71/EC (and amendments thereto,
including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member
State), and includes any relevant implementing measure in the Relevant Member State and the
expression 2010 PD Amending Directive means Directive 2010/73/EU.
PART A ­ CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions
(the "Conditions") set forth in the base prospectus dated 8 July 2014, as supplemented by a
supplement dated 25 August 2014 and a supplement dated 25 November 2014, which together
constitute a base prospectus (the "Base Prospectus") for the purposes of the Prospectus Directive.
This document constitutes the Final Terms of the Notes described herein for the purposes of Article
5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus. Full
information on the Issuer and the offer of the Notes is only available on the basis of the combination
of these Final Terms and the Base Prospectus. The Base Prospectus is available for viewing at
www.abnamro.com/debtinvestors and during normal business hours at the registered office of the
Issuer at Gustav Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands and copies may be obtained
from the Issuer at that address.
1.
Issuer:
ABN AMRO Bank N.V.
2.
(i)
Series Number:
208
(ii)
Tranche Number:
1
(iii)
Date on which the Notes
Not Applicable
become fungible:
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3.
Specified Currency or Currencies:
New Zealand Dollars ("NZD")
4.
Aggregate Nominal Amount:
-
Tranche:
NZD 100,000,000
-
Series:
NZD 100,000,000
5.
Issue Price of Tranche:
101.530 per cent. of the Aggregate Nominal
Amount
6.
(a)
Specified Denominations:
NZD 2,000
(b)
Calculation Amount:
NZD 2,000
7.
(i)
Issue Date:
21 January 2015
(ii)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
21 January 2020
9.
Interest Basis:
4.75 per cent. Fixed Rate
(See paragraph 14 below)
10.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100 per cent. of their nominal
amount.
11.
Change of Interest Basis:
Not Applicable
12.
Put/Call Options:
Not Applicable
13.
Status of the Notes:
Senior
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.
Fixed Rate Note Provisions
Applicable
(i)
Rate(s) of Interest:
4.75 per cent. per annum payable in arrear on each
Interest Payment Date
(ii)
Interest Payment Date(s):
21 January in each year up to and including the
Maturity Date in each case subject to adjustment in
accordance with the Following Business Day
Convention and London, Auckland and Wellington
as Business Centres for the definition of "Business
Day", Unadjusted.
(iii)
Fixed Coupon Amount(s):
NZD 95 per Calculation Amount
(iv)
Broken Amount(s):
Not Applicable
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(v)
Day Count Fraction:
Actual/Actual (ICMA)
(vi)
Determination Date(s):
21 January in each year
15.
Floating Rate Note Provisions
Not Applicable
16.
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17.
Issuer Call:
Not Applicable
18.
Investor Put:
Not Applicable
19.
Regulatory Call:
Not Applicable
20.
Final Redemption Amount of each
NZD 2,000 per Calculation Amount
Note:
21.
Early Redemption Amount(s) payable
NZD 2,000 per Calculation Amount
on redemption for taxation reasons or
on event of default:
22.
Variation or Substitution:
Not Applicable
23.
Condition 16 (Substitution of the
Yes
Issuer) applies:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
24.
Form of Notes:
(a)
Form:
Temporary Global Note exchangeable for a
Permanent Global Note which is exchangeable for
definitive Notes only upon an Exchange Event.
(b)
New Global Note:
Yes
25.
Financial Centre(s):
Not Applicable
26.
Talons for future Coupons to be
No
attached to definitive Notes (and
dates on which such Talons mature):
27.
For the purposes of Condition 13,
Yes
notices to be published in the
Financial Times (generally yes, but
not for domestic issues):
28.
Whether Condition 7(a) of the Notes
Condition 7(b) and Condition 6(b) apply
applies (in which case Condition 6(b)
of the Notes will not apply) or
whether Condition 7(b)
and
Condition 6(b) of the Notes apply:
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29.
Calculation Agent as referred to in
Not Applicable
Condition 5(d):
Signed on behalf of ABN AMRO Bank N.V.:
By: ___________________________
By: __________________________
Duly authorised
Duly authorised
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PART B ­ OTHER INFORMATION
1.
LISTING AND ADMISSION TO
Application has been made by the Issuer (or on its
TRADING
behalf) for the Notes to be admitted to trading on
Euronext Amsterdam with effect from 21 January
2015.
2.
RATINGS
Ratings:
The Notes to be issued have not been rated.
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for any fees payable to the Managers, so far as the Issuer is aware, no person involved in the
issue of the Notes has an interest material to the offer. The Manager and their affiliates have engaged
and may in the future engage, in investment banking and/or commercial banking transactions with,
and may perform other services for the Issuer and its affiliates in the ordinary course of business.
4.
REASONS FOR THE OFFER; ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(i) Reasons for the offer
The net proceeds from the issue of the Notes will
be applied for general corporate purposes, which
include making a profit and/or hedging certain
risks.
(ii)
Estimated net proceeds
NZD 99,655,000
(iii)
Estimated total expenses:
NZD 1,875,000
5.
YIELD (Fixed Rate Notes only)
Indication of yield:
4.402 per cent.
The yield is calculated at the Issue Date on the
basis of the Issue Price. It is not an indication of
future yield.
6.
HISTORIC INTEREST RATES (Floating Rate Notes only)
Not Applicable
7.
OPERATIONAL INFORMATION
(i)
ISIN Code:
XS1165505980
(ii)
Common Code:
116550598
(iii)
Any clearing system(s) other
Not Applicable
than Euroclear Bank
S.A./N.V. and Clearstream
Banking, société anonyme and
the relevant identification
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number(s):
(iv)
Delivery:
Delivery against payment
(v)
Names and addresses of initial
ABN AMRO Bank N.V.
Paying Agent(s) (if any):
Kemelstede 2
4817 ST Breda
The Netherlands
(vi)
Names and addresses of
Not Applicable
additional Paying Agent(s) (if
any):
(vii)
Intended to be held in a
No. Whilst the designation is specified as "no" at
manner which would allow
the date of these Final Terms, should the
Eurosystem eligibility:
Eurosystem eligibility criteria be amended in the
future such that the Notes are capable of meeting
them the Notes may then be deposited with one of
the ICSDs as common safekeeper. Note that this
does not necessarily mean that the Notes will then
be recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by
the Eurosystem at any time during their life. Such
recognition will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have
been met.
8.
DISTRIBUTION
(i)
Method of distribution:
Syndicated
(ii)
If syndicated, names and
Joint Lead Managers:
addresses of Managers and
underwriting commitments:
Australia and New Zealand Banking Group Limited
28th Floor, 40 Bank Street
Canary Wharf
London E14 5EJ
United Kingdom
Underwriting commitment: NZD 45,000,000
The Toronto-Dominion Bank
60 Threadneedle Street
London EC2R 8AP
United Kingdom
Underwriting commitment: NZD 45,000,000
Co-Lead Managers:
BNP Paribas
10 Harewood Avenue
London NW1 6AA
United Kingdom
Underwriting commitment: NZD 2,000,000
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Commonwealth Bank of Australia
Senator House
85 Queen Victoria Street
London EC4V 4HA
United Kingdom
Underwriting commitment: NZD 2,000,000
Coöperatieve Centrale Raiffeisen-Boerenleenbank
B.A. (Rabobank)
Croeselaan 18
3521 CB Utrecht
The Netherlands
Underwriting commitment: NZD 2,000,000
HSBC Bank plc
8 Canada Square,
London E14 5HQ
United Kingdom
Underwriting commitment: NZD 2,000,000
Zürcher Kantonalbank
Josefstrasse 222
CH-8005 Zurich
Switzerland
Underwriting commitment: NZD 2,000,000
(iii)
Date of Syndication
19 January 2015
Agreement:
(iv)
Stabilisation Manager(s) (if
Not Applicable
any):
(v)
If non-syndicated, name and
Not Applicable
address of relevant Dealer:
(vi)
Total commission and
1.875 per cent. of the Aggregate Nominal Amount
concession:
(vii)
U.S. Selling Restrictions:
Regulation S Category 2; TEFRA D
(viii)
Public Offer:
Not Applicable
9.
TERMS AND CONDITIONS OF THE OFFER
Offer Price:
Issue Price
Conditions to which the offer is
Not Applicable
subject:
Description of the application
Not Applicable
process:
Details of the minimum and/or
Not Applicable
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maximum amount of application:
Description of possibility to reduce
Not Applicable
subscriptions and manner for
refunding excess amount paid by
applicants:
Details of the method and time
Not Applicable
limits for paying up and delivering
the Notes:
Manner in and date on which
Not Applicable
results of the offer are to be made
public:
Procedure for exercise of any right
Not Applicable
of pre-emption, negotiability of
subscription rights and treatment of
subscription rights not exercised:
Categories of potential investors to
Not Applicable
which the Notes are offered and
whether tranche(s) have been
reserved for certain countries:
Process for notification to
Not Applicable
applicants of the amount allotted
and the indication whether dealing
may begin before notification is
made:
Amount of any expenses and taxes
Not Applicable
specifically charged to the
subscriber or purchaser:
Name(s) and address(es), to the
None
extent known to the Issuer, of the
placers in the various countries
where the offer takes place.
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ANNEX TO THE FINAL TERMS
SUMMARY OF THE NOTES
Summaries are made up of disclosure requirements known as "Elements". These elements are
numbered in Sections A ­ E (A.1 ­ E.7).
This summary contains all the Elements required to be included in a summary for this type of
securities and Issuer. Because some Elements are not required to be addressed, there may be gaps in
the numbering sequence of the Elements.
Even though an Element may be required to be inserted in the summary because of the type of
securities and Issuer, it is possible that no relevant information can be given regarding the Element.
In this case a short description of the Element is included in the summary with the mention of "Not
Applicable".
Words and expressions defined in the "Terms and Conditions of the Notes" below or elsewhere in this
Base Prospectus have the same meanings in this summary. The term ABN AMRO is used below as a
reference to the Issuer and its consolidated subsidiaries and other group companies (including ABN
AMRO Group N.V.).
Section A ­ Introduction and Warnings
A.1
Introduction:
This summary must be read as an introduction to the Base
Prospectus (including these Final Terms) and any decision to
invest in the Notes should be based on a consideration of the
Base Prospectus as a whole, including these Final Terms and
any information incorporated by reference. Following the
implementation of the Prospectus Directive (Directive
2003/71/EC) in each Member State of the European Economic
Area, no civil liability will attach to the Issuer in any such
Member State solely on the basis of this summary, including
any translation thereof, unless it is misleading, inaccurate or
inconsistent when read together with the other parts of the
Base Prospectus, including any information incorporated by
reference or it does not provide, when read together with the
other parts of the Base Prospectus, key information in order to
aid investors when considering whether to invest in the Notes.
Where a claim relating to the information contained in the
Base Prospectus is brought before a court in a Member State
of the European Economic Area, the plaintiff may, under the
national legislation of the Member States, be required to bear
the costs of translating the Base Prospectus before the legal
proceedings are initiated.
A.2
Consent:
Not Applicable
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Section B ­ Issuer
B.1
Legal name of the ABN AMRO Bank N.V. (the "Issuer")
Issuer:
Commercial name of ABN AMRO
the Issuer:
B.2
Domicile, legal form, The Issuer is a public limited liability company (naamloze
legislation, country vennootschap) incorporated under the laws of The Netherlands
of incorporation
on 9 April 2009. The Issuer's corporate seat (statutaire zetel) is
in Amsterdam, The Netherlands and its registered office is
Gustav Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands.
B.4b Trends:
The revenues and results of operations of the Issuer and the
industry in which it operates are affected by, among other
factors, general economic conditions in the Netherlands and
other markets, including economic cycles, the financial
markets, the Dutch mortgage market, banking industry cycles
and fluctuations in interest rates and exchange rates, monetary
policy, demographics, and other competitive factors. The net
result from ABN AMRO's operations may vary from year to
year depending on changes in market conditions and business
cycles in The Netherlands and other markets. The financial
services industry, both in The Netherlands and abroad,
continues to face a high degree of uncertainty, and ABN
AMRO is exposed to these developments across all its
businesses, both directly and indirectly and through their
impact on customers and clients.
Economic developments in recent years have impacted Dutch
banks. The net result came under pressure due to weaker
demand for certain banking products. Costs for preparing new
or revised regulations continue to rise. Loan impairments
increased due to, among other things, a rise in defaults, a
deterioration of credit quality in general and a decline in
collateral values (for example real estate).
These developments did not affect all banks equally, due in
part to differences in scale and geographic scope and the
relative impact of loan impairments. Lower profitability
combined with stricter capital requirements prompted both
Dutch and foreign banks active in The Netherlands to
reconsider the existing mix of activities, choices in new
lending, dividend policies and geographic allocation of capital.
A number of foreign banks gave priority to lending in their
home markets and slowed down growth of their Dutch
activities and, in some cases, sold off loan portfolios.
B.5
The Group:
ABN AMRO Group N.V. is the Issuer's sole shareholder. The
Issuer is the only direct subsidiary of ABN AMRO Group
N.V. and ABN AMRO Group N.V. has no significant
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