| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for Goodyear Tire & Rubber Co. > News item |
ABN Amro to price 11.5% reverse convertibles linked to Goodyear Tire
New York, July 10 - ABN Amro Bank NV plans to price 11.5% Knock-In Reverse Exchangeable notes due Jan. 29, 2010 linked to Goodyear Tire & shares, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par in cash unless Goodyear Tire shares fall below 55% of the initial price during the life of the notes and finish below the initial price, in which case the payout will be a number of Goodyear Tire shares equal to $1,000 divided by the initial price.
The notes are expected to price on July 28 and settle on July 31.
ABN Amro Inc. is the agent.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.