ABN Amro to price 0% reverse exchangeables linked to six Indian stocks

By Jennifer Chiou

New York, Feb. 16 - ABN Amro Bank NV plans to price 0% reverse exchangeable securities due March 13, 2012 linked to six Indian stocks, according to an FWP filing with the Securities and Exchange Commission.

The basket will include the American Depositary Receipts representing the common stock of Dr. Reddy's Laboratories Ltd., Tata Motors Ltd., Wipro Ltd., HDFC Bank Ltd., Satyam Computer Services Ltd. and Infosys Technologies Ltd., equally weighted.

The notes will price on March 8 and settle on March 13.

The payout at maturity will be par plus the basket return multiplied by a participation rate of between 80% and 85%. If the average basket value is less than or equal to the initial value, the basket return will be zero. Investors will receive at least par.

ABN Amro Inc. will be the agent.

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