ABN Amro plans 9% knock-in notes linked to Starbucks

By Angela McDaniels

Seattle, Jan. 4 - ABN Amro Bank NV plans to price knock-in reverse exchangeable securities due July 31, 2007 linked to the common stock of Starbucks Corp., according to an FWP filing with the Securities and Exchange Commission.

The securities will price on Jan. 26 and settle on Jan. 31.

The six-month securities will pay 4.5% for an annualized rate of 9%. Interest will be payable monthly.

The payout at maturity will be par unless Starbucks stock falls below the knock-in level - 80% of the initial share price - during the life of the securities and finishes below the initial share price, in which case the payout will be a number of Starbucks shares equal to $1,000 divided by the initial share price.

ABN Amro Inc. will be the agent.

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