ABN ABN AMRO Bank NV Depositary receipts

ABN AMRO announces call of USD 1500 million Tier 2 instrument (XS1586330604)

ABN AMRO announces call of USD 1500 million Tier 2 instrument (XS1586330604)

ABN AMRO announces call of USD 1500 million Tier 2 instrument (XS1586330604)

With reference to the Terms and Conditions of the USD 1500 million Callable Resettable Dated Subordinated Notes due 27th March 2028 callable in March 2023 under the Programme for the issuance of Medium Term Notes of ABN AMRO Bank N.V. with ISIN XS1586330604, ABN AMRO announces to exercise its right to redeem these Notes in full on 27th of March 2023. Trading will be suspended as of 23d of March 2023.

ABN AMRO Press Office



ABN AMRO Investor Relations



This press release is published by ABN AMRO Bank N.V. and contains inside information within the meaning of article 7 (1) to (4) of Regulation (EU) No 596/2014 (Market Abuse Regulation)

Attachment



EN
27/02/2023

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Reports on ABN AMRO Bank NV Depositary receipts

Jason Kalamboussis
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ABN AMRO/Eyes on CMD, brushing past pedestrian results/HOLD

ABN could really shine at its upcoming November CMD if the RoE target is lifted to 11-12% by 2028, which would force the company to press more for operating performance while also hike capital distributions. After many years at €500m annual Share Buybacks, we now go to €750m, while ABN could also decide to increase its payout ratio (consensus dividends remain low). Results were a disappointment both within the peer context but also within the company's more recent quarterly record, but are overs...

 PRESS RELEASE

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Marine Leleux ... (+3)
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Marine Leleux ... (+3)
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ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

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