ABN Amro Bank To Price 10-Year Euro Covered Bond At Swaps +1.20
January 11 2012 - 6:34AM
Dow Jones News
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
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