Netherlands-based ABN Amro Bank NV has set pricing on its 10-year, euro-denominated, benchmark, covered bond at 120 basis points over midswaps, one of the banks running the deal said Wednesday.

ABN Amro, Deutsche Bank AG, Natixis and UniCredit SpA are the lead managers for the bond, which will price Wednesday subject to market conditions.

The covered bond is expected to be rated triple-A by all three ratings companies.

-By Sarka Halas, Dow Jones Newswires; +44 (0) 207 842 9236; Sarka.Halasova@dowjones.com

Abn Amro (NYSE:ABN)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Abn Amro Charts.
Abn Amro (NYSE:ABN)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Abn Amro Charts.