ABN Amro plans issue of 10.25% Knock-In Reverse Exchangeables linked to Sunoco

By Jennifer Chiou

New York, Jan. 11 - ABN Amro Bank NV said it plans to issue 10.25% Knock-In Reverse Exchangeable senior medium-term series A notes due Jan. 30, 2007 linked to Sunoco, Inc. stock, according to a 424B3 filing with the Securities and Exchange Commission.

Interest will be payable quarterly.

The proposed settlement date is Jan. 30.

Payment at maturity will be based on the performance of Sunoco stock. Investors will receive par in cash if Sunoco stock never trades at the knock-in price or below. The knock-in price will be 80% of the initial price. Otherwise, investors will receive the smaller of par in cash or a number of Sunoco shares equal to the stock redemption amount.

LaSalle Financial Services, Inc. and ABN Amro Inc. will be the underwriters.

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