NOT FOR DISTRIBUTION TO ANY US PERSON (AS DEFINED IN REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED)
Today, ABN AMRO announces a cash tender on any and all of the notes to the holders of the EUR 2,500,000,000 3.375% Senior Fixed Rate Guaranteed Notes due May 2014 (ISIN XS0428611973).
ABN AMRO assesses its funding, liquidity and capital position on a regular basis to minimise its funding costs while maintaining a prudent approach to liquidity. Based on this assessment and given the annual fee payable by ABN AMRO to the Dutch State for the guarantee on these Government Guaranteed Notes, ABN AMRO has decided to invite all noteholders to tender their notes.
The price payable per EUR 1,000 in nominal amount of the notes will be determined by reference to a fixed spread of zero basis points over the bid side yield of the Bund OBL 2.25%, due 11 April 2014 #154 (ISIN DE0001141547) at or around the pricing time on 29 May 2013 plus accrued and unpaid interest on the relevant notes. The minimum denomination is EUR 50,000 and the settlement date is expected to be no later than 30 May 2013.
The tender offer commences on 17 May 2013 and will expire at 17:00 hours CET on 28 May 2013, unless extended, withdrawn or terminated at the sole discretion of ABN AMRO. Offers to sell, once submitted, may, in principle, not be withdrawn except in the limited circumstances outlined in the Tender Offer Memorandum.
The Company reserves the right not to accept an offer to sell or to extend, terminate, withdraw or modify in any manner any of the terms and conditions of the Tender Offer. The terms and conditions of this tender offer can be found in the Tender Offer Memorandum dated 17 May 2013.
Any questions or requests for assistance in connection with this Tender Offer Memorandum may be directed to the Dealer Managers:
Deutsche Bank AG, London Branch, via telephone on +44 207 545 8011 or e-mail at email@example.com
UBS Limited via telephone on +44 207 567 0525 or e-mail at firstname.lastname@example.org
ABN AMRO Bank N.V. via telephone on +31 20 383 6929 or e-mail at email@example.com.
Any questions or requests for assistance in connection with the delivery of offers to sell or requests for additional copies of the Tender Offer Memorandum or related documents, which may be obtained by eligible persons free of charge, may be directed to the Tender Agent Lucid Issuer Services Limited via telephone on +44 207 704 0880 or e-mail at firstname.lastname@example.org.
ABN AMRO Press Relations: +31 (0)20 – 628 8900
ABN AMRO Investor Relations: +31 (0)20 – 628 2282