ABN AMRO Bank announces no stabilisation for €1bn bond offering

Published 23/06/2025, 08:52
ABN AMRO Bank announces no stabilisation for €1bn bond offering

AMSTERDAM - ABN AMRO (AS:ABNd) Bank N.V. announced Monday that no stabilisation measures were undertaken for its €1 billion senior preferred fixed rate notes offering, according to a post-stabilisation notice issued by the bank.

The announcement follows a pre-stabilisation notice dated May 28, 2025, regarding the bank’s offering of senior preferred fixed rate bearer notes due in 2029. The securities carry the ISIN code XS3083189319 and were offered at a price of 99.907.

ABN AMRO Bank N.V. served as the stabilisation manager for the transaction but confirmed that no stabilisation transactions were carried out for these securities.

The €1 billion notes issuance represents senior preferred debt, a category that typically ranks higher in repayment priority compared to other debt instruments in case of issuer insolvency.

Stabilisation activities, which are permitted under European Union market regulations, are interventions that aim to support the market price of securities during their initial offering period. Such measures can include purchasing securities to prevent price declines.

The securities have not been registered under the United States Securities Act of 1933 and are not being offered in the United States, according to the bank’s statement.

This information is based on a press release statement issued through the London Stock Exchange (LON:LSEG)’s news service.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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