Obligation ABN AMRO 2.25% ( XS1074209088 ) en NOK

ABN AMRO

100 % ⇌

Pays-Bas

XS1074209088 ( en NOK )

2.25% par an ( paiement annuel )

06/06/2017 - Obligation échue

Prospectus brochure de l'obligation ABN AMRO XS1074209088 en NOK 2.25%, échue

10 000 NOK

500 000 000 NOK

ABN AMRO est une grande banque néerlandaise offrant des services bancaires de détail, commerciaux et d'investissement aux particuliers et aux entreprises.

L'Obligation émise par ABN AMRO ( Pays-Bas ) , en NOK, avec le code ISIN XS1074209088, paye un coupon de 2.25% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 06/06/2017

EXECUTION VERSION
FINAL TERMS
Date: 4 June 2014
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 NOK 500,000,000 2.25 per cent. Senior Unsecured Fixed Rate Notes due June
2017 (the "Notes")
under the Programme for the issuance of Medium Term Notes
The Base Prospectus referred to below (as completed by these Final Terms) has been
prepared on the basis that any offer of Notes in any Member State of the European Economic Area
which has implemented the Prospectus Directive (each, a "Relevant Member State") will be made
pursuant to an exemption under the Prospectus Directive, as implemented in that Relevant Member
State, from the requirement to publish a prospectus for offers of the Notes. Accordingly any person
making or intending to make an offer in that Relevant Member State of the Notes may only do so in
circumstances in which no obligation arises for the Issuer or any Dealer to publish a prospectus
pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to Article 16 of
the Prospectus Directive, in each case, in relation to such offer. Neither the Issuer nor any Dealer has
authorised, nor do they authorise, the making of any offer of Notes in any other circumstances.
The expression Prospectus Directive means Directive 2003/71/EC (and amendments thereto,
including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member
State), and includes any relevant implementing measure in the Relevant Member State and the
expression 2010 PD Amending Directive means Directive 2010/73/EU.
PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions
(the "Conditions") set forth in the base prospectus dated 2 July 2013 as supplemented by a
supplement dated 26 August 2013, a supplement dated 18 November 2013, a supplement dated 23
December 2013, a supplement dated 24 February 2014, a supplement dated 11 March 2014 a
supplement dated 7 April 2014 and a supplement dated 19 May 2014, which together constitute a base
prospectus (the "Base Prospectus") for the purposes of the Prospectus Directive. This document
constitutes the Final Terms of the 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 Notes is only available on the basis of the combination of these Final
Terms and the Base Prospectus. The Base Prospectus is available for viewing at
www.abnamro.com/debtinvestors and during normal business hours at the registered office of the
Issuer at Gustav Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands and copies may be obtained
from the Issuer at that address.
1.
Issuer:
ABN AMRO Bank N.V.
2.
(i)
Series Number:
204
(ii)
Tranche Number:
1
(iii)
Date on which the Notes
Not Applicable
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become fungible:
3.
Specified Currency or Currencies:
Norwegian Krone ("NOK")
4.
Aggregate Nominal Amount:

Tranche:
NOK 500,000,000

Series:
NOK 500,000,000
5.
Issue Price of Tranche:
100.906 per cent. of the Aggregate Nominal
Amount
6.
(a)
Specified Denominations:
NOK 10,000
(b)
Calculation Amount
NOK 10,000
7.
(i)
Issue Date:
6 June 2014
(ii)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
6 June 2017
9.
Interest Basis:
2.25 per cent. Fixed Rate
(further particulars specified below)
10.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100 per cent. of their nominal
amount.
11.
Change of Interest Basis:
Not Applicable
12.
Put/Call Options:
Not Applicable
13.
Status of the Notes:
Senior
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.
Fixed Rate Note Provisions
Applicable
(i)
Rate(s) of Interest:
2.25 per cent. per annum payable in arrear on each
Interest Payment Date
(ii)
Interest Payment Date(s):
6 June in each year up to and including the Maturity
Date in each case subject to adjustment in
accordance with the Following Business Day
Convention and TARGET2 and London and Oslo
as Business Centre(s) for the definition of
"Business Day", Unadjusted.
(iii)
Fixed Coupon Amount(s):
NOK 225.00 per Calculation Amount
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(iv)
Broken Amount(s):
Not Applicable
(v)
Day Count Fraction:
Actual/Actual (ICMA)
(vi)
Determination Date(s):
6 June in each year
15.
Floating Rate Note Provisions
Not Applicable
16.
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17.
Issuer Call:
Not Applicable
18.
Investor Put:
Not Applicable
19.
Regulatory Call:
Not Applicable
20.
Final Redemption Amount of each
NOK 10,000 per Calculation Amount
Note:
21.
Early Redemption Amount(s) payable
NOK 10,000 per Calculation Amount
on redemption for taxation reasons or
on event of default:
22.
Variation or Substitution:
Not Applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23.
Form of Notes:

(a)
Form:
Temporary Global Note exchangeable for a
Permanent Global Note which is exchangeable for
definitive Notes only upon an Exchange Event.
(b)
New Global Note:
Yes
24.
Additional Financial Centre(s):
Not Applicable
25.
Talons for future Coupons to be
No
attached to definitive Notes (and
dates on which such Talons mature):
26.
For the purposes of Condition 13,
Yes
notices to be published in the
Financial Times (generally yes, but
not for domestic issues):
27.
Whether Condition 7(a) of the Notes
Condition 7(b) and Condition 6(b) apply
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applies (in which case Condition 6(b)
of the Notes will not apply) or
whether
Condition
7(b)
and
Condition 6(b) of the Notes apply:
28.
Calculation Agent as referred to in
Not Applicable
Condition 5(d):
RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
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
Application has been made by the Issuer (or on its
TRADING
behalf) for the Notes to be admitted to trading on
NYSE Euronext in Amsterdam with effect from 6
June 2014.
2.
RATINGS

Ratings:
The Notes to be issued are expected to be rated:

Moody's:
A2

Fitch:
A+

Each of Moody's Investor Service Ltd. and Fitch
France S.A.S. is established in the EEA and have
each applied for registration 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 Notes has an interest material to the offer.
4.
REASONS FOR THE OFFER; ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(i)
Reasons for the offer:
The net proceeds from each issue of Notes will be
applied by the Issuer for its general corporate
purposes, which include making a profit and/or
hedging certain risks.
(ii)
Estimated net proceeds
NOK 497,655,000
(iii)
Estimated total expenses:
NOK 6,875,000
5.
YIELD (Fixed Rate Notes only)

Indication of yield:
1.936 per cent.

The yield is calculated at the Issue Date on the
basis of the Issue Price. It is not an indication of
future yield.
6.
HISTORIC INTEREST RATES (Floating Rate Notes only)
Not Applicable.
7.
OPERATIONAL INFORMATION

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(i)
ISIN Code:
XS1074209088
(ii)
Common Code:
107420908
(iii)
Any clearing system(s) other
Not Applicable
than
Euroclear
Bank
S.A./N.V. and Clearstream

Banking, société anonyme and
the
relevant
identification
number(s):
(iv)
Delivery:
Delivery against payment
(v)
Names and addresses of initial
ABN AMRO Bank N.V.
Paying Agent(s) (if any):
Kemelstede 2
4817 ST Breda
The Netherlands
(vi)
Names and addresses of
Not Applicable
additional Paying Agent(s) (if
any):
(vii)
Intended to be held in a
No
manner which would allow
Eurosystem eligibility:
8.
DISTRIBUTION

(i)
Method of distribution:
Syndicated
(ii)
If syndicated, names and
Joint Lead Managers:
addresses of Managers and
underwriting commitments:
Australia and New Zealand Banking Group Limited
28th Floor, 40 Bank Street
Canary Wharf
London E14 5EJ
United Kingdom
Underwriting commitment: NOK 240,000,000

The Toronto-Dominion Bank
60 Threadneedle Street
London EC2R 8AP
United Kingdom
Underwriting commitment: NOK 240,000,000
Co-Lead Managers:
Coöperatieve Centrale Raiffeisen-
Boerenleenbank B.A.
Croeselaan 18
3521 CB Utrecht
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The Netherlands
Underwriting commitment: NOK 5,000,000
Danske Bank A/S
2-12 Holmens Kanal
DK-1092 Copenhagen K
Denmark
Underwriting commitment: NOK 5,000,000
KBL European Private Bankers S.A.
43, boulevard Royal
L-2955 Luxembourg
Grand Duchy of Luxembourg
Underwriting commitment: NOK 5,000,000
Zürcher Kantonalbank
Josefstrasse 222
8005 Zurich
Switzerland
Underwriting commitment: NOK 5,000,000

(iii)
Date
of
Syndication
4 June 2014
Agreement:
(iv)
Stabilising Manager(s) (if
Not Applicable
any):
(v)
If non-syndicated, name and
Not Applicable
address of relevant Dealer:
(vi)
Total
commission
and
1.375 per cent. of the Aggregate Nominal Amount
concession:
(vii)
U.S. Selling Restrictions:
Regulation S Category 2; TEFRA D
(viii) Public Offer:
Not Applicable

9.
TERMS AND CONDITIONS OF THE OFFER
Offer Price:
Issue Price
Conditions to which the offer is
Not Applicable
subject:
Description of the application
Not Applicable
process:
Details of the minimum and/or
Not Applicable
maximum amount of application:
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Description of possibility to reduce
Not Applicable
subscriptions and manner for
refunding excess amount paid by
applicants:
Details of the method and time
Not Applicable
limits for paying up and delivering
the Notes:
Manner in and date on which
Not Applicable
results of the offer are to be made
public:
Procedure for exercise of any right
Not Applicable
of pre-emption, negotiability of
subscription rights and treatment of
subscription rights not exercised:
Categories of potential investors to
Not Applicable
which the Notes are offered and
whether tranche(s) have been
reserved for certain countries:
Process
for
notification
to
Not Applicable
applicants of the amount allotted
and the indication whether dealing
may begin before notification is
made:
Amount of any expenses and taxes
Not Applicable
specifically
charged
to
the
subscriber or purchaser:
Name(s) and address(es), to the
None
extent known to the Issuer, of the
placers in the various countries
where the offer takes place:

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ANNEX TO THE FINAL TERMS
SUMMARY OF THE NOTES
Summaries are made up of disclosure requirements known as "Elements". These elements are
numbered in Sections A E (A.1 E.7).
This summary contains all the Elements required to be included in a summary for this type of
securities and Issuer. Because some Elements are not required to be addressed, there may be gaps in
the numbering sequence of the Elements.
Even though an Element may be required to be inserted in the summary because of the type of
securities and Issuer, it is possible that no relevant information can be given regarding the Element.
In this case a short description of the Element is included in the summary with the mention of "Not
Applicable".
Words and expressions defined in the "Terms and Conditions of the Notes" below or elsewhere in this
Base Prospectus have the same meanings in this summary. The term ABN AMRO is used below as a
reference to the Issuer and its consolidated subsidiaries and other group companies (including ABN
AMRO Group N.V.).

Section A Introduction and Warnings

A.1
Introduction:
This summary must be read as an introduction to the Base
Prospectus (including these Final Terms) and any decision to

invest in the Notes should be based on a consideration of the
Base Prospectus as a whole, including these Final Terms and

any information incorporated by reference. Following the
implementation of the Prospectus Directive (Directive

2003/71/EC) in each Member State of the European Economic
Area, no civil liability will attach to the Responsible Persons

in any such Member State solely on the basis of this summary,
including any translation thereof, unless it is misleading,

inaccurate or inconsistent when read together with the other
parts of the Base Prospectus, including any information

incorporated by reference or it does not provide, when read
together with the other parts of the Base Prospectus, key

information in order to aid investors when considering
whether to invest in the Notes. Where a claim relating to the

information contained in the Base Prospectus is brought

before a court in a Member State of the European Economic
Area, the plaintiff may, under the national legislation of the
Member States, be required to bear the costs of translating the
Base Prospectus before the legal proceedings are initiated.
A.2
Consent:
Not Applicable

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Section B Issuer

B.1
Legal name of the ABN AMRO Bank N.V. (the "Issuer")

Issuer:

Commercial name of ABN AMRO
the Issuer:
B.2
Domicile, legal form, The Issuer is a private limited liability company (naamloze
legislation, country vennootschap) incorporated under the laws of The Netherlands
of incorporation
on 9 April 2009. The Issuer's corporate seat (statutaire zetel) is
in Amsterdam, The Netherlands and its registered office is
Gustav Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands.
B.4b Trends:
The revenues and results of operations of the Issuer and the
industry in which it operates are affected by, among other
factors, general economic conditions in the Netherlands and
other markets, including economic cycles, the financial
markets, the Dutch mortgage market, banking industry cycles
and fluctuations in interest rates and exchange rates, monetary
policy, demographics, and other competitive factors. Revenues
came under pressure due to weaker demand for certain
banking products. Loan impairments increased due to a rise in
defaults and a decline in the value of (commercial) property
portfolios, among other things.

Since the start of the financial crisis, money markets and
capital markets have been very volatile. In these conditions,
access to funding and capital markets, as well as hedging and
other risk management strategies, may not be as effective as
they would be under normal market conditions. Although there
was some moderation in market conditions during 2011 and
2012 in the primary markets, it is difficult to predict if this
trend will continue.
The Issuer is subject to the threat of illiquidity and/or extreme
price volatility, either directly or indirectly, through exposures
to securities, loans and other commitments. Although there
was some moderation in market conditions during 2011 and
2012 in the primary markets, it is difficult to predict if this
trend will continue.

The financial services industry is subject to intensive
regulation (including in relation to solvability and liquidity).
The Issuer's costs were driven up by preparations for and the
introduction of new or revised regulations. Since 2009, as
many emergency government programs slowed or wound
down, global regulatory and legislative focus generally moved
to a second phase of broader reform and a restructuring of
financial institution regulation. Legislators and regulators,
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