ABN AMRO has called the Tier 2 Dutch State subordinated loan

Press release -

ABN AMRO Head Office

ABN AMRO hereby announces that it has called the Dutch State held subordinated loan (EUR 1,650m, maturity 16 October 2017).

The outstanding amount has been redeemed in full at par value today. The subordinated loan dates back to the nationalisation of Fortis Bank Nederland (predecessor of ABN AMRO) by the State of the Netherlands in October 2008. After the call of this loan the Dutch State holds no other subordinated instruments in ABN AMRO.

ABN AMRO believes Tier 2 capital is a key element for regulatory requirements going forward. In June ABN AMRO issued a EUR 1,500 m Tier 2 benchmark transaction.

Read more about

Join the discussion

ABN AMRO would like to know your opinion, so below this article you can react to this article via Disqus. By doing so, you agree to the conditions for reacting to articles on our website.

Related news items

More news about ABN AMRO