Published on 9/9/2004 in the Prospect News Convertibles Daily.
New Issue: ABN Amro sells $840,000 million 10% reverse exchangeables linked to Sunoco
Pittsburgh, Sept. 9 - ABN Amro Bank NV priced $840,000 million 10% reverse exchangeables linked to Sunoco Inc. common stock, according to a 424B3 filing with the Securities and Exchange Commission.
| Issuer: | ABN Amro Bank NV
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| Issue: | Series A reverse exchangeable senior fixed-rate medium-term notes
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| Underlying stock: | Sunoco Inc.
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| Amount: | $840,000
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| Maturity: | June 9, 2005
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| Coupon: | 10%, payable quarterly
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| Price: | Par
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| Payout at maturity: | Smaller of par in cash or 16.181 shares of Sunoco stock
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| Exchange ratio: | 16.181
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| Exchange price: | $61.80 (initial level of Sunoco stock)
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| Call: | Non-callable
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| Pricing date: | Sept. 3
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| Settlement date: | Sept. 9
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| Lead manager: | ABN Amro Financial Services
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| Distribution: | Off shelf
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