Published on 9/15/2004 in the Prospect News Convertibles Daily.
New Issue: ABN Amro sells $7.75 million 10.25% reverse exchangeables linked to Ford
Pittsburgh, Sept. 15 - ABN Amro Bank NV priced $7.75 million of 10.25% reverse exchangeable notes linked to Ford Motor Co. common stock, according to a 424B3 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: | Ford Motor Co.
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| Amount: | $7.75 million
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| Maturity: | Sept. 15, 2005
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| Coupon: | 10.25%
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| Price: | Par
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| Payout at maturity: | Smaller of par in cash or 71.633 shares of Ford stock
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| Exchange ration: | 71.633
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| Exchange price: | $13.96 (initial level of Ford stock)
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| Call: | Non-callable
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| Pricing date: | Sept. 10
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| Settlement date: | Sept. 15
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| Lead manager: | ABN Amro Financial Services
|
| Distribution: | Off shelf
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