ABN Amro to price 11.6% reverse exchangeables linked to Whole Foods

By Jennifer Chiou

New York, March 6 - ABN Amro Bank NV plans to price 11.6% annualized Knock-in Reverse Exchangeable Securities due June 30, 2008 linked to the common stock of Whole Foods Market, Inc., according to an FWP filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The payout at maturity will be par unless Whole Foods stock falls below the knock-in price - 75% of the initial share price - during the life of the notes and the final share price is less than the initial share price, in which case the payout will be a number of Whole Foods shares equal to $1,000 divided by the initial share price.

The notes are expected to price on March 26 and settle on March 31.

ABN Amro Inc. will be the lead agent.

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