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Published on 11/9/2005 in the Prospect News Convertibles Daily.

New Issue: ABN Amro sells $5.9 million 12% Knock-In Reverse Exchangeables linked to Ubiquitel

By Jennifer Chiou

New York, Nov. 9 - ABN Amro Bank NV priced $5.9 million 12% Knock-In Reverse Exchangeable notes due Nov. 4, 2006 linked to Ubiquitel Inc. stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:ABN Amro Bank NV
Issue:Knock-In Reverse Exchangeable senior medium-term series A notes
Underlying stock:Ubiquitel Inc.
Amount:$5.9 million
Maturity:Nov. 4, 2006
Coupon:12%, payable quarterly
Price:Par
Payout at maturity:Par in cash if Ubiquitel stock never trades at the knock-in level of $7.16 or below, otherwise smaller of par in cash or 118.624 shares of Ubiquitel stock
Knock-in price:$7.16, 84.99% of initial price
Exchange ratio:118.624
Exchange price:$8.43 (initial level of Ubiquitel stock)
Pricing date:Nov. 1
Settlement date:Nov. 4
Lead manager:LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:Off shelf

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