Bond ABN AMRO 0.6% ( XS2102283061 ) in EUR

ABN AMRO

100 % ▲

Netherlands

XS2102283061 ( in EUR )

0.6% per year ( payment 1 time a year)

14/01/2027

Prospectus brochure of the bond ABN AMRO XS2102283061 en EUR 0.6%, maturity 14/01/2027

100 000 EUR

1 250 000 000 EUR

15/01/2025 ( In 12 days )

ABN AMRO is a major Dutch multinational bank offering a wide range of financial products and services to individuals and businesses.

The Bond issued by ABN AMRO ( Netherlands ) , in EUR, with the ISIN code XS2102283061, pays a coupon of 0.6% per year.
The coupons are paid 1 time per year and the Bond maturity is 14/01/2027

FINAL TERMS
EXECUTION VERSION

FINAL TERMS
Date: 13 January 2020
ABN AMRO Bank N.V.
(incorporated in The Netherlands with its statutory seat in Amsterdam and registered in the
Commercial Register of the Chamber of Commerce under number 34334259)
Issue of EUR 1,250,000,000 0.600 per cent. Senior Non-Preferred Unsecured Fixed Rate
Notes due 15 January 2027 (the "Senior Non-Preferred Notes")
under the Programme for the issuance of Medium Term Notes
PROHIBITION OF SALES TO RETAIL INVESTORS - The Senior Non-Preferred Notes are
not intended to be offered, sold or otherwise made available to and should not be offered, sold or
otherwise made available to any retail investor in the EEA. For these purposes, a retail investor means a
person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive
2014/65/EU (as amended, "MiFID II"); (ii) a customer within the meaning of Directive 2016/97/EU
("IDD"), where that customer would not qualify as a professional client as defined in point (10) of Article
4(1) of MiFID II; or (iii) not a qualified investor as defined in the Prospectus Directive. Consequently no
key information document required by Regulation (EU) No 1286/2014 (the "PRIIPs Regulation") for
offering or selling the Senior Non-Preferred Notes or otherwise making them available to retail investors
in the EEA has been prepared and therefore offering or selling the Senior Non-Preferred Notes or
otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs
Regulation.

MiFID II product governance / Professional investors and ECPs only target market Solely
for the purposes of each manufacturer's product approval process, the target market assessment in respect
of the Senior Non-Preferred Notes has led to the conclusion that: (i) the target market for the Senior Non-
Preferred Notes is eligible counterparties and professional clients only, each as defined in MiFID II; and
(ii) all channels for distribution of the Senior Non-Preferred Notes to eligible counterparties and
professional clients are appropriate. Any person subsequently offering, selling or recommending the
Senior Non-Preferred Notes (a "distributor") should take into consideration the manufacturers' target
market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own
target market assessment in respect of the Senior Non-Preferred Notes (by either adopting or refining the
manufacturers' target market assessment) and determining appropriate distribution channels.

PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Terms and
Conditions of the Senior Non-Preferred Notes (the "Conditions") set forth in the base prospectus dated
10 July 2019, as supplemented by a supplement dated 8 August 2019, a supplement dated 15 November
2019 and a supplement dated 19 December 2019 which together constitute a base prospectus (the "Base
Prospectus") for the purposes of the Prospectus Directive. This document constitutes the Final Terms of
the Senior Non-Preferred Notes described herein for the purposes of Article 5.4 of the Prospectus
Directive and must be read in conjunction with the Base Prospectus. Full information on the Issuer and
the offer of the Senior Non-Preferred Notes is only available on the basis of the combination of these
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Final Terms and the Base Prospectus. The Base Prospectus has been published on
www.abnamro.com/debtinvestors. Any information contained in or accessible through any website,
including http://www.abnamro.com/ir, does not form a part of the Base Prospectus, unless specifically
stated in the Base Prospectus, in any supplement hereto or in any document incorporated or deemed to be
incorporated by reference in the Base Prospectus that all or any portion of such information is
incorporated by reference in the Base Prospectus.
The expression Prospectus Directive means Directive 2003/71/EC (as amended or superseded,
including by Directive 2010/73/EU), and includes any relevant implementing measures in the Relevant
Member State.
1.
Issuer:
ABN AMRO Bank N.V.
2.
(i)
Series Number:
278
(ii)
Tranche Number:
1
(iii)
Date on which the Senior Non-
Not Applicable
Preferred
Notes become
fungible:
3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Nominal Amount:

-
Tranche:
EUR 1,250,000,000
-
Series:
EUR 1,250,000,000
5.
Issue Price of Tranche:
99.795 per cent. of the Aggregate Nominal
Amount
6.
(a)
Specified Denominations:
EUR 100,000.
(b)
Calculation Amount
EUR 100,000
7.
(i)
Issue Date:
15 January 2020
(ii)
Interest Commencement Date:
Issue Date

8.
Maturity Date:
15 January 2027
9.
Interest Basis:
0.600 per cent. Fixed Rate (see paragraph 14
below)
10.
Redemption/Payment Basis:
Subject to any purchase and cancellation or
early redemption, the Senior Non-Preferred
Notes will be redeemed on the Maturity Date
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at 100 per cent. of their nominal amount.
11.
Change of Interest Basis:
Not Applicable
12.
Put/Call Options:
MREL Disqualification Event Call
(see paragraph 18 below)
13.
Status of the Notes:
Senior Non-Preferred Notes
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.
Fixed Rate Note Provisions
Applicable
(i)
Rate(s) of Interest:
0.600% per annum payable in arrear on each
Interest Payment Date.
(ii)
Interest Payment Date(s):
15 January in each year up to and including
the Maturity Date in each case subject to
adjustment in accordance with the Following
Business Day Convention, Unadjusted
(iii)
Fixed Coupon Amount(s):
EUR 600 per Calculation Amount
(iv)
Broken Amount(s):
Not Applicable
(v)
Day Count Fraction:
Actual/Actual (ICMA)
(vi)
Determination Date(s):
15 January in each year
(vii)
Reference Rate Determination:
No
- Reference Rate Replacement:
Not Applicable
15.
Floating Rate Note Provision
Not Applicable
16.
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17.
Issuer Call:
Not Applicable
18.
MREL Disqualification Event Call:
Full or partial exclusion

(i)
Optional Redemption EUR 100,000 per Calculation Amount
Amount(s):
(ii)
Notice period (if other than
Not Applicable
as set out in the Conditions):

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19.
Final Redemption Amount of each
EUR 100,000 per Calculation Amount
Senior Non-Preferred Note:
20.
Early Redemption Amount(s) payable
EUR 100,000 per Calculation Amount
on redemption for taxation reasons or
on event of default:

21.
Variation or Substitution
Applicable
22.
Condition 15 (Substitution of the
Yes
Issuer) applies:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23.
Form of Senior Non-Preferred Notes:

(a)
Form:
Temporary Global Note exchangeable for a
Permanent Global Note which is exchangeable
for definitive Senior Non-Preferred Notes only
upon an Exchange Event.
(b)
New Global Note:
Yes
24.
Financial Centre(s):
Not Applicable
25.
Talons for future Coupons to be
No
attached to definitive Senior Non-
Preferred Notes (and dates on which
such Talons mature):
26.
For the purposes of Condition 12
No
(Notices), notices to be published in the
Financial Times (generally yes, but not
for domestic issues):
27.
Whether Condition 6(a) (Taxation) of
Condition 6(b) (Taxation) and Condition 5(b)
the Senior Non-Preferred Notes applies
(Redemption for Tax Reasons) apply
(in which case Condition
5(b)
(Redemption for Tax Reasons) of the
Senior Non-Preferred Notes will not
apply) or whether Condition 6(b)
(Taxation)
and Condition
5(b)
(Redemption for Tax Reasons) of the
Senior Non-Preferred Notes apply
28.
Relevant Benchmark:
Not Applicable

[Signature page to follow]
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Signed on behalf of ABN AMRO Bank N.V.:

By: ___________________________
By: ___________________________
Duly authorised
Duly authorised

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PART B OTHER INFORMATION

1.
LISTING AND ADMISSION TO

TRADING
(i)
Listing and admission to
Application has been made by the Issuer (or on
trading:
its behalf) for the Senior Non-Preferred Notes to
be admitted to trading on Euronext Amsterdam
with effect from 15 January 2020.
(ii)
Estimate of total expenses
EUR 5,700
related to admission to
trading:
2.
RATINGS

Ratings:
The Senior Non-Preferred Notes to be issued are
expected to be rated:

S & P:
BBB+

Moody's:
Baa2

Fitch:
A+

S&P Global Ratings Europe Limited ("S&P"),
Moody's Investors Service, Limited ("Moody's")
and Fitch Ratings Ltd. ("Fitch") are established
in the EEA and registered under Regulation (EC)
No 1060/2009.
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for any fees payable to the Managers, so far as the Issuer is aware, no person involved in the
issue of the Senior Non-Preferred Notes has an interest material to the offer. The Managers and
their affiliates have engaged and may in the future engage, in investment banking and/or
commercial banking transactions with, and may perform other services for the Issuer and its
affiliates in the ordinary course of business.
4.
YIELD

Indication of yield:
0.630 per cent. per annum
The yield is calculated at the Issue Date on the
basis of the Issue Price. It is not an indication of
future yield.

5.
OPERATIONAL INFORMATION
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(i)
ISIN Code:
XS2102283061
(ii)
Common Code:
210228306
(iii)
Any clearing system(s) other
Not Applicable
than Euroclear Bank
S.A./N.V. and Clearstream

Banking S.A. and the
relevant identification
number(s):
(iv)
Delivery:
Delivery against payment
(v)
Names and addresses of
ABN AMRO Bank N.V.
initial Paying Agent(s) (if
Gustav Mahlerlaan 10, Pac HQ8049
any):
1082 PP Amsterdam
The Netherlands
(vi)
Names and addresses of
Not Applicable
additional Paying Agent(s)
(if any):
(vii)
Intended to be held in a
Yes. Note that the designation "yes" does not
manner which would allow
necessarily mean that the Senior Non-Preferred
Eurosystem eligibility:
Notes will be recognised as eligible collateral for
Eurosystem monetary policy and intra-day credit
operations by the Eurosystem either upon issue
or at any or all times during their life. Such
recognition will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have
been met.
The Senior Non-Preferred Notes will be
deposited initially upon issue with one of the
ICSDs acting as common safekeeper.
6.
DISTRIBUTION

(i)
Method of distribution:
Syndicated
(ii)
Names of Managers:
ABN AMRO Bank N.V.
BNP PARIBAS
Merrill Lynch International
Deutsche Bank AG
J.P. Morgan Securities plc

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(iii)
Stabilisation Manager(s) (if
Not Applicable
any):
(iv)
If non syndicated, name of
Not Applicable
relevant Dealer
(v)
U.S. Selling Restrictions:
Regulation S Category 2; TEFRA D

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