NEW YORK –  Netherlands-based ABN Amro Bank NV completed a $1.5 billion, five-year bond deal in the U.S. credit markets Monday, according to a person familiar with the deal.

The 4.25% coupon bonds were priced to yield 4.272%, for a spread of 355 basis points over the Treasury rate, in line with revised pricing guidance and five basis points better than original pricing guidance.

The anticipated ratings are Aa3 from Moody's Investors Service and A-plus from Standard & Poor's and Fitch Ratings. The deal was marketed in the Rule 144a private-placement market.

ABN Amro is raising funds for general corporate purposes.

BNP Paribas, Barclays Capital, J.P. Morgan Chase, Morgan Stanley and UBS are leading the sale.

On Jan. 23, S&P affirmed its negative outlook on ABN Amro's long- and short-term counterparty-credit ratings but removed a negative outlook on its long-term rating.

Copyright © 2012 Dow Jones Newswires