ABN Amro plans 11.5% knock-in notes linked to Best Buy

By Angela McDaniels

Seattle, Jan. 4 - ABN Amro Bank NV plans to price 11.5% knock-in reverse exchangeable securities due Jan. 31, 2008 linked to the common stock of Best Buy Co., Inc., according to an FWP filing with the Securities and Exchange Commission.

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

Interest will be payable monthly.

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

The knock-in price will be 80% of the initial share price.

ABN Amro Inc. will be the agent.

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