New Issue: ABN Amro sells $1.7 million 10% reverse exchangeables linked to Adobe

By Jennifer Chiou

New York, Sept. 7 - ABN Amro Bank NV priced $1.7 million nine-month 10% reverse exchangeable notes linked to Adobe Systems Inc. common stock, according to a 424B3 filing with the Securities and Exchange Commission.

Based in San Jose, Calif., Adobe sells computer software and services.

Issuer:	ABN Amro Bank NV
Issue:	Reverse exchangeable senior medium-term notes, series A
Underlying stock:	Adobe Systems Inc.
Amount:	$1.7 million
Maturity:	June 8, 2006
Coupon:	10%
Price:	Par
Payout at maturity:	If Adobe stock closes below the initial price of $26.64, 37.538 Adobe shares per $1,000 principal amount; otherwise par in cash
Exchange ratio:	37.538
Initial price:	$26.64 (closing price of stock on pricing date)
Pricing date:	Sept. 2
Settlement date:	Sept. 8
Underwriters:	ABN Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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