ABN Amro plans 12% Knock-in Reverse Exchangeables linked to Dollar Tree

By Laura Lutz

Des Moines, Jan. 31 - ABN Amro Bank NV plans to price 12% Knock-in Reverse Exchangeable Securities due Feb. 13, 2009 linked to the common stock of Dollar Tree Stores, Inc., according to an FWP with the Securities and Exchange Commission.

Interest will be payable monthly.

If Dollar Tree stock falls below the knock-in level - 70% of the initial price - during the life of the securities and finishes below the initial price, the payout at maturity will be a number of Dollar Tree shares equal to par divided by the initial price.

Otherwise, the payout will be par.

The securities are expected to price on Feb. 12 and settle on Feb. 15.

ABN Amro Inc. is the lead agent.

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