ABN AMRO Bank successfully priced a new EUR 1 billion Subordinated Tier 2 transaction

Press release -

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Today, ABN AMRO Bank successfully priced a new benchmark EUR 1 billion Subordinated Tier 2 transaction. The instrument has a maturity of 10 years and a coupon of 7.125%. This transaction evidences ABN AMRO’s good access to the capital markets and commitment to maintain strong capital ratios.

ABN AMRO recently announced the settlement of its legal procedures with Ageas, as a result of which the CT1 ratio improved significantly. Following this settlement and the positive momentum from last week’s Euro-summit announcements, ABN AMRO decided to issue this Tier 2 instrument. ABN AMRO believes Tier 2 capital is and will remain an important element in the capital structure. This transaction will strengthen ABN AMRO’s capital base ahead of CRD IV implementation in 2013.

For more information, please contact:

ABN AMRO Press Relations
pressrelations@nl.abnamro.com
+31 20 6288900 (+31 6 23361940

ABN AMRO Investor Relations
Investorrelations@nl.abnamro.com
+31 20 6282282

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