Rabo to issue 14.2% knock-in reverse convertibles linked to Harmony Gold via LaSalle

By Jennifer Chiou

New York, Feb. 13 - Rabo Financial Products BV plans to price 14.2% knock-in reverse convertible notes due Aug. 28, 2007 linked to the American Depositary Shares representing Harmony Gold Mining Ltd. stock, according to a term sheet from the agent for the deal, LaSalle Financial Services Inc.

The pricing date will be Feb. 23 with settlement on Feb. 28.

The payout at maturity will be par in cash unless Harmony Gold ADSs trade at or below the knock-in price and close below the initial price, in which case investors will receive a number of Harmony Gold shares equal to $1,000 divided by the initial share price.

The knock-in price will be 80% of the initial share price.

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