Published on 11/3/2003 in the Prospect News Convertibles Daily.
New Issue: ABN Amro sells $2.5 million 9.25% reverse exchangeables linked to Cisco
New York, Nov. 3 - ABN Amro Bank NV priced $2.5 million 9.25% reverse exchangeable notes linked to Cisco Systems, Inc. stock, according to a filing with the Securities and Exchange Commission.
| Issuer: | ABN Amro Bank NV
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| Issue: | Reverse exchangeable senior medium-term notes
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| Underlying stock: | Cisco Systems, Inc.
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| Amount: | $2.5 million
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| Maturity: | Nov. 5, 2004
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| Coupon: | 9.25%
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| Price: | Par
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| Payout at maturity: | Smaller of par in cash or 47.778 shares of Cisco Systems, Inc. stock
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| Exchange ratio: | 47.778
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| Exchange price: | $20.93
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| Pricing date: | Oct. 31
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| Settlement: | Nov. 5
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| Lead manager: | ABN Amro Financial Services
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