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Published on 11/18/2005 in the Prospect News Biotech Daily and Prospect News Convertibles Daily.

New Issue: ABN Amro sells $1.46 million 9.5% Knock-In Reverse Exchangeables linked to Pfizer

By Jennifer Chiou

New York, Nov. 18 - ABN Amro Bank NV priced $1.46 million 9.5% Knock-In Reverse Exchangeable notes due Nov. 17, 2006 linked to Pfizer 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:Pfizer Inc.
Amount:$1.46 million
Maturity:Nov. 17, 2006
Coupon:9.5%, payable quarterly
Price:Par
Payout at maturity:Par in cash if Pfizer stock never trades at the knock-in level of $17.80 or below, otherwise smaller of par in cash or 44.944 shares of Pfizer stock
Knock-in price:$17.80, 80% of initial price
Exchange ratio:44.944
Exchange price:$22.25 (initial level of Pfizer stock)
Pricing date:Nov. 14
Settlement date:Nov. 17
Lead manager:LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:Off shelf

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