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Rabobank to price CDs linked to world index basket via LaSalle
By Jennifer Chiou
New York, Nov. 3 - LaSalle Bank, NA plans to arrange an issue of principal-protected CDs linked to equal weights of the MSCI Singapore Free, Dow Jones Euro Stoxx 50, Nikkei 225 and Dow Jones Industrial Average for Rabobank, NA, according to a term sheet.
The CD will mature on Aug. 24, 2010, will price on Nov. 20 and settle on Nov. 24.
At maturity, investors will receive par plus the world basket return multiplied by a to-be-determined supplemental redemption amount.
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