Obligation AMRO ABN 1.5% ( CH0188726852 ) en CHF

AMRO ABN

100 % ▼

Pays-bas

CH0188726852 ( en CHF )

1.5% par an ( paiement annuel )

17/07/2023 - Obligation échue

Prospectus brochure de l'obligation ABN AMRO CH0188726852 en CHF 1.5%, échue

5 000 CHF

200 000 000 CHF

ABN AMRO est une grande banque néerlandaise offrant des services bancaires de détail, commerciaux et d'investissement aux particuliers et aux entreprises.

L'Obligation émise par AMRO ABN ( Pays-bas ) , en CHF, avec le code ISIN CH0188726852, paye un coupon de 1.5% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 17/07/2023

16 July 2012
ABN AMRO Bank N.V.
(incorporated with limited liability in The Netherlands with its statutory seat in Amsterdam, acting
through its head office)
Issue of CHF 200,000,000 1.50 per cent. Covered Bonds due 18 July 2023
Guaranteed as to payment of principal and interest by
ABN AMRO Covered Bond Company B.V.
under the 25,000,000,000
Covered Bond Programme
PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth
in the Base Prospectus dated 17 October 2011 and the supplemental base prospectuses dated 22
November 2011, 14 December 2011, 20 March 2012, 30 May 2012 and 29 June 2012 respectively
(the "Supplemental Base Prospectuses") which together constitute a base prospectus for the
purposes of the Prospectus Directive (Directive 2003/71/EC, as amended) (the "Prospectus
Directive"). This document constitutes the Final Terms of the Covered Bonds described herein for the
purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with such Base
Prospectus as so supplemented. Full information on the Issuer and the offer of the Covered Bonds is
only available on the basis of the combination of these Final Terms, the Base Prospectus, as
supplemented by the Supplemental Base Prospectuses, and the prospectus dated 16 July 2012
prepared by the Issuer in connection with the listing of the Covered Bonds on the SIX Swiss
Exchange Ltd (the "Listing Prospectus"). The Base Prospectus, the Supplemental Base Prospectuses
and the Listing Prospectus are available for viewing at the office of Credit Suisse AG,
Uetlibergstrasse 231, CH-8070 Zurich, Switzerland and copies may be obtained from such address
and at the office of the Issuer at Gustav Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands or by
e-mail request from [email protected].
1.
(i)
Issuer:
ABN AMRO Bank N.V., acting through its head
office

(ii)
CBC:
ABN AMRO Covered Bond Company B.V.
2.
2(i)
Series Number:
CB134
.

(ii)
Tranche Number:
1

3.
3Specified Currency or Currencies:
Swiss Francs ("CHF")
.
4.
4Aggregate
Nominal
Amount
of
. Covered Bonds admitted to trading:

(i)
Series:
CHF 200,000,000

(ii)
Tranche:
CHF 150,000,000 ("Tranche 1a")
CHF 50,000,000 ("Tranche 1b")
5.
5Issue Price:
100.268 per cent. of the Aggregate Nominal
.
Amount in respect of Tranche 1a and 99.898 per
cent. of the Aggregate Nominal Amount in respect
of Tranche 1b
6.
6Specified Denominations:
CHF 5,000
.

Calculation Amount
CHF 5,000
7.
7(i)
Issue Date:
18 July 2012
.

(ii)
Interest Commencement Date:
18 July 2012
8.
8Final Maturity Date:
18 July 2023
.
9.
9Interest Basis:
1.50 per cent. Fixed Rate
.
(further particulars specified below)
10.
1Redemption/Payment Basis:
Redemption at par
0
11.
1Change
of
Interest
Basis
or Not Applicable
1
Redemption/ Payment Basis:
12.
1Call Options:
Not Applicable
2
13.
1(i)
Status of the Covered Bonds:
Unsubordinated, unsecured, guaranteed
3

(ii)
Status of the Guarantee:
Unsubordinated, secured (indirectly, through a
parallel debt), unguaranteed
14.
1Method of distribution:
Non-syndicated
4
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15.
1Fixed Rate Covered Bond Provisions Applicable
5

(i)
Rate of Interest:
1.50 per cent. per annum payable annually in
arrear

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(ii)
Interest Payment Date(s):
18 July in each year commencing 18 July 2013 up
to and including the Final Maturity Date / not
adjusted

(iii)
Fixed Coupon Amount(s):
CHF 75.00 per Calculation Amount

(iv)
Broken Amount(s):
Not Applicable

(v)
Day Count Fraction:
30/360

(vi)
Determination Date(s):
Not Applicable

(vii) Other terms relating to the Not Applicable
method of calculating interest
for Fixed Rate Covered Bonds:
16.
1Floating
Rate
Covered
Bond Not Applicable
6
Provisions
17.
1Zero
Coupon
Covered
Bond Not Applicable
7Provisions
.
18.
1Index Linked Interest Covered Not Applicable
8Bond/ other variable linked interest
. Covered Bond Provisions
19.
1Equity Linked Interest Covered Not Applicable
9Bond Provisions
.
20.
2Dual Currency Interest Covered Not Applicable
0Bond Provisions
.
PROVISIONS RELATING TO REDEMPTION
21.
2Issuer Call
Not Applicable
1
.
22.
2Final Redemption Amount of each CHF 5,000 per Calculation Amount
2Covered Bond
.
23.
2Early Redemption Amount of each CHF 5,000 per Calculation Amount
3Covered Bond
.

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Early Redemption Amount(s) per CHF 5,000 per Calculation Amount
Calculation Amount payable on
redemption for taxation reasons, or on
acceleration following an Issuer Event
of Default as against the Issuer or a
CBC Event of Default or other early
redemption and/or the method of
calculating the same (if required or if
different from that set out in the
Conditions:
GENERAL PROVISIONS APPLICABLE TO THE COVERED BONDS
24.
2Form of Covered Bonds:
Condition 1 (Form, Denomination and Title)
4
and the disclosure under "Form of Covered
.
Bonds" on pages 89-92 of the Base Prospectus
shall be supplemented (for the purpose of this
Series of Covered Bonds only) by the
following:
"The Covered Bonds of this Series (the "Covered
Bonds") are issued in bearer form and will be
represented by a permanent global covered bond
(the "Permanent Global Covered Bond")
substantially in the form scheduled to the
Supplemental Trust Deed dated 16 July 2012 (the
"Supplemental Trust Deed") between the Issuer,
the CBC and the Trustee.
The Permanent Global Covered Bond will be
deposited with SIX SIS AG, Olten, Switzerland
("SIX SIS AG" or the "Intermediary", which
expressions shall include any other clearing
institution recognised by the SIX Swiss Exchange
Ltd) until final redemption of the Covered Bonds
or the exchange of the Permanent Global Covered
Bond for Definitive Covered Bonds and Coupons.
The Permanent Global Covered Bond will
document the right to receive principal and
interest thereon and all other rights and
obligations in connection therewith.
Once the Permanent Global Covered Bond has
been deposited with the Intermediary and entered
into the accounts of one or more participants of
the Intermediary, the Covered Bonds will
constitute
intermediated
securities

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("Intermediated Securities") in accordance with
the Swiss Federal Intermediated Securities Act.
Each holder of the Covered Bonds shall have a
co-ownership interest in the Permanent Global
Covered Bond pro rata to the extent of its claim
against the Issuer, provided that for so long as the
Permanent Global Covered Bond remains
deposited with the Intermediary, the co-
ownership interest shall be suspended and the
Covered Bonds may only be transferred by the
entry of the transferred Covered Bonds in a
securities account of the transferee.
The records of the Intermediary will determine
the number of Covered Bonds held through each
participant in that Intermediary. In respect of the
Covered Bonds held in the form of Intermediated
Securities, the holders of the Covered Bonds will
be the persons holding the Covered Bonds in a
securities account which is in their respective
name, or in case of an Intermediary, the
Intermediary holding the Covered Bonds for its
own account in a securities account which is in its
name.
Holders of the Covered Bonds do not have the
right to effect or demand the conversion of the
Permanent Global Covered Bond into, or the
delivery of, uncertificated securities or Definitive
Covered Bonds.
The Permanent Global Covered Bond will be
exchanged for Definitive Covered Bonds in
whole but not in part only at the option of Credit
Suisse AG, as issuing and principal paying agent
in Switzerland for the purpose of the Covered
Bonds only (the "Principal Swiss Paying
Agent"), after consultation with the Issuer. The
Issuer irrevocably agrees and undertakes to the
Principal Swiss Paying Agent to arrange for the
printing and delivery to it of the Definitive
Covered Bonds with Coupons attached, at its own
cost and expense, (a) should the Principal Swiss
Paying Agent deem such printing to be necessary,
after consultation with the Issuer, (b) if the
presentation of the Definitive Covered Bonds and

- 5 -

Coupons is required by Swiss or other applicable
laws and regulations in connection with the
enforcement of rights of the holders of the
Covered Bonds or (c) upon an Exchange Event.
Should Definitive Covered Bonds and Coupons
be printed, the Principal Swiss Paying Agent will
then exchange the Permanent Global Covered
Bond against delivery of the Definitive Covered
Bonds and Coupons and thereupon cancel and
return the Permanent Global Covered Bond to the
Issuer."
25.
2New Global Note
No
5
.
26.
Exclusion of set-off
Not Applicable
27.
2Additional Financial Centre(s) or other Zurich, London and TARGET2
6special provisions relating to Payment
. Dates:
28.
2Talons for future Coupons or Receipts No
8to be attached to Definitive Covered
. Bonds (and dates on which such Talons
mature):
29.
2Details relating to Partly Paid Covered
Not Applicable
9Bonds: amount of each payment
. comprising the Issue Price and date on
which each payment is to be made and
consequences (if any) of failure to pay,
including any right of the Issuer to
forfeit the Covered Bonds and interest
due on late payment:
30.
3Details relating to Instalment Covered
Not Applicable
0Bonds: amount of each instalment,
. comprising the Issue Price and date on
which each payment is to be made:
31.
3Consolidation provisions:
The provisions of Condition 16 (Further Issues)
1
apply.
.
32.
3Other final terms:
For the purpose of this Series of Covered
2
Bonds only, a new Condition 5(h) (Discharge
.
of the Issuer) shall be added as follows:

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"(h) Discharge of the Issuer
The receipt by the Principal Swiss Paying Agent
on the relevant payment date of all amounts due
and payable in respect of the Covered Bonds in
Swiss Francs in Zurich shall release the Issuer
from its obligations under the Covered Bonds and
Coupons for the payment of principal and interest
due on the respective payment dates to the extent
of such payments.
Except to the extent required by applicable law
but without prejudice to the provisions of
Condition 7 (Taxation), payments of principal
and interest in respect of the Covered Bonds shall
be made in freely available Swiss Francs, upon
presentation of the relevant Covered Bond (in the
case of principal) and Coupon (in the case of
interest), without collection costs and whatever
the circumstances may be, irrespective of the
nationality, domicile or residence of the holder of
the Covered Bonds."
For the purpose of this Series of Covered
Bonds only, Condition 11 (Paying Agents,
Transfer Agents, Exchange Agents and
Registrar) shall be supplemented by the
following:
"In respect of any Covered Bonds denominated in
Swiss Francs, the Issuer will at all times maintain
a Paying Agent having a specified office in
Switzerland and will at no time maintain a Paying
Agent having a specified office outside
Switzerland in relation to such Covered Bonds."
In addition, all references in the Conditions of the
Covered Bonds to "Principal Paying Agent" and
"Paying Agents" shall, so far as the context
permits, be construed for the purpose of this
Series of Covered Bonds only as references to
"Principal Swiss Paying Agent".
For the purposes of this Series of Covered
Bonds only, Condition 13 (Notices; Provisions
of Information) shall be supplemented by the
following:

- 7 -

"As long as the Covered Bonds are listed on the
SIX Swiss Exchange Ltd and as long as the rules
and regulations of the SIX Swiss Exchange Ltd so
require, all notices in respect of the Covered
Bonds will be validly given through the Principal
Swiss Paying Agent (i) electronically on the
internet website of the SIX Swiss Exchange Ltd
(http://www.six-swiss-
exchange.com/news/official_notices/search_en.ht
ml) or (ii) otherwise in accordance with the
regulations of the SIX Swiss Exchange Ltd. Any
notices so given will be deemed to have been
validly given on the date of such publication or, if
published more than once, on the date of the first
such publication."
DISTRIBUTION
33.
3(i)
If
syndicated,
names
of Not Applicable
3
Managers:
.

(ii)
Stabilising Manager(s) (if any): Not Applicable
34.
3If non-syndicated, name of relevant Credit Suisse AG
4Dealer(s):
Paradeplatz 8
.
CH-8001 Zurich
Switzerland
35.
U.S. selling restrictions:
Reg S Compliance Category 2 and TEFRA D
rules are applicable in accordance with usual
Swiss practice
36.
ERISA:
No
37.
3Applicable Netherlands / Global selling The Netherlands
5restriction:
.
Each Manager has represented and agreed that it
will not make an offer of the Covered Bonds in
The Netherlands unless such offer is made
exclusively to persons or legal entities which are
qualified investors in The Netherlands (as defined
in the Dutch Financial Markets Supervision Act,
Wet op het financieel toezicht).
38.
3Additional selling restrictions:
Not Applicable
6
.

- 8 -

LISTING AND ADMISSION TO TRADING APPLICATION
These Final Terms comprise the final terms required to list and have admitted to trading on the SIX
Swiss Exchange Ltd the issue of Covered Bonds described herein pursuant to the Programme for the
issuance of Covered Bonds of ABN AMRO Bank N.V.
RESPONSIBILITY
The Issuer and the CBC accept responsibility for the information contained in these Final Terms.

Signed on behalf of the Issuer:
Signed on behalf of the CBC:
By:
By:
Duly authorised
Duly authorised
By:
By:
Duly authorised
Duly authorised

- 9 -

PART B OTHER INFORMATION
1.
LISTING

(i)
Listing:
SIX Swiss Exchange Ltd

(ii)
Admission to trading:
Application has been made for the Covered Bonds
to be admitted to trading on the SIX Swiss
Exchange Ltd with effect from 16 July 2012 until
13 July 2023.

(iii)
Estimate of total expenses CHF 9,000
related to admission to trading:
2.
RATINGS

Ratings:
The Covered Bonds to be issued have been rated:

S&P: AAA
Moody's: Aaa
Fitch: AAA
Standard & Poor's Credit Market Services Europe
Limited, Fitch Ratings Ltd. and Moody's Investors
Service Limited are established in the European
Economic Area and are registered under
Regulation (EC) No. 1060/2009, as amended.

3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE
ISSUE/OFFER
Save as discussed in Section 1.5 "Subscription and Sale" in the Base Prospectus, so far as the
Issuer is aware, no person involved in the issue of the Covered Bonds has an interest material
to the offer.
4.
REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL
EXPENSES

(i)
Reasons for the offer:
The euro equivalent of the gross proceeds from
the issue of the Covered Bonds will be used by the
Issuer for general corporate purposes.

(ii)
Estimated net proceeds:
CHF 198,226,000

(iii)
Estimated total expenses:
CHF 125,000

- 10 -