New Issue: ABN Amro prices $100,000 15.5% reverse exchangeables linked to Black & Decker

By Susanna Moon

Chicago, Aug. 30 - ABN Amro Bank NV priced $100,000 of 15.5% Knock-in Reverse Exchangeable Securities due Nov. 30, 2007 linked to Black & Decker Corp. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

Payout at maturity will be par in cash unless Black & Decker stock falls below the knock-in level, 90% of the initial price of $83.24, during the life of the notes and finishes below the initial price, in which case the payout will be 12.013 shares of Black & Decker stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-in Reverse Exchangeable Securities
Underlying stock:	Black & Decker Corp. (NYSE: BDK)
Amount:	$100,000
Maturity:	Nov. 30, 2007
Coupon:	15.5%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Black & Decker stock falls below knock-in level, 90% of the initial price, and finishes below the initial price, in which case 20.157 shares of Black & Decker stock.
Initial price:	$83.24
Exchange ratio:	12.013
Pricing date:	Aug. 28
Settlement date:	Aug. 31
Agent:	ABN Amro Inc.
Fee:	1.375%

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