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Published on 9/17/2002 in the Prospect News Convertibles Daily.

New Issue: ABN Amro sells $7.5 million 14% reverse exchangeables linked to Intel

New York, Sept. 17 - ABN Amro Bank NV sold $7.5 million of 14% reverse exchangeable securities due 2004 linked to the common stock of Intel Corp., according to a filing with the Securities and Exchange Commission.

Issuer:ABN Amro Bank NV
Issue:Reverse exchangeable senior medium-term notes
Amount:$7.5 million
Maturity:March 18, 2004
Coupon:14%, payable semi-annually beginning March 18, 2003
Price:Par
Exchange ratio:62.383
Payout at maturity:Exchange for Intel Corp. stock if Intel stock closes below $16.03 on third business day before maturity, otherwise par in cash ($16.03 is closing level of Intel stock on pricing date)
Lead manager:ABN Amro Financial Services Inc.
Pricing date:Sept. 13
Settlement:Sept. 18
Listing:"REX.W" on American Stock Exchange

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