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Published on 10/21/2005 in the Prospect News Convertibles Daily.

New Issue: ABN Amro sells $1.55 million 8% reverse exchangeables linked to Walt Disney

By Jennifer Chiou

New York, Oct. 21 - ABN Amro Bank NV priced $1.55 million one-year 8% reverse exchangeable notes linked to Walt Disney Co. stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:ABN Amro Bank NV
Issue:Reverse exchangeable senior medium-term notes, series A
Underlying stock:Walt Disney Co.
Amount:$1.55 million
Maturity:Oct. 19, 2006
Coupon:8%, payable quarterly
Price:Par
Payout at maturity:If Walt Disney stock closes below the initial price of $23.39, 42.753 Walt Disney shares per $1,000 principal amount; otherwise par in cash
Exchange ratio:42.753
Initial price:$23.39 (closing price of stock on pricing date)
Pricing date:Oct. 14
Settlement date:Oct. 19
Underwriters:LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:Off shelf

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