ABN Amro to price 14.75% reverse convertibles linked to Research in Motion via LaSalle

By Laura Lutz

Washington, Dec. 18 - ABN Amro Bank NV plans to price an issue of 14.75% reverse convertible notes due July 10, 2007 linked to Research in Motion Ltd. common stock.

Interest will be payable at maturity.

In addition to the coupon, at maturity investors will receive par unless Research in Motion stock falls below the knock-in price - 70% 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 Research in Motion shares equal to $1,000 divided by the initial share price.

The notes will price on Jan. 5 and settle on Jan. 10.

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

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