Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for TD Ameritrade Holding Corp. > News item |
Rabo to price 12.5% knock-in reverse convertibles linked to TD Ameritrade via LaSalle
By Jennifer Chiou
New York, June 18 - Rabo Financial Products BV plans to price 12.5% annualized knock-in reverse convertible notes due Jan. 7, 2008 linked to TD Ameritrade Holding Corp. common stock, according to a term sheet.
Interest will be payable monthly.
In addition to the coupon, at maturity investors will receive par unless TD Ameritrade stock falls below the knock-in price - 85% of the initial share price - during the life of the notes and finishes below the initial share price, in which case the payout will be a number of TD Ameritrade shares equal to $1,000 divided by the initial share price.
The notes will price on June 29 and settle on July 5.
LaSalle Financial Services, 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.