Rabo to price 16% reverse convertibles linked to Goodyear via LaSalle

By Laura Lutz

Des Moines, Oct. 11 - Rabo Financial Products BV plans to price an issue of 16% reverse convertible notes due Jan. 29, 2007 linked to the common stock of Goodyear Tire & Rubber Co.

Interest will be paid quarterly.

At maturity, investors will receive par unless Goodyear stock falls below the knock-in price - 75% of the initial share price - during the life of the notes and finishes below the initial share price, in which case the payout will be a number of Goodyear shares equal to $1,000 divided by the initial share price.

The notes will price on Oct. 24.

LaSalle Financial Services, Inc. will be the lead agent.

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