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Published on 11/9/2005 in the Prospect News Convertibles Daily.

New Issue: ABN Amro sells $1.5 million 9.75% Knock-In Reverse Exchangeables linked to Symantec

By Jennifer Chiou

New York, Nov. 9 - ABN Amro Bank NV priced $1.5 million 9.75% Knock-In Reverse Exchangeable notes due Nov. 8, 2006 linked to Symantec Corp. stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:ABN Amro Bank NV
Issue:Knock-In Reverse Exchangeable senior medium-term series A notes
Underlying stock:Symantec Corp.
Amount:$1.5 million
Maturity:Nov. 8, 2006
Coupon:9.75%, payable quarterly
Price:Par
Payout at maturity:Par in cash if Symantec stock never trades at the knock-in level of $12.96 or below, otherwise smaller of par in cash or 53.996 shares of Symantec stock
Knock-in price:$12.96, 70% of initial price
Exchange ratio:53.996
Exchange price:$18.52 (initial level of Symantec stock)
Pricing date:Nov. 3
Settlement date:Nov. 8
Lead manager:LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:Off shelf

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