Published on 11/10/2003 in the Prospect News Convertibles Daily.
New Issue: ABN Amro sells $7 million 10% reverse exchangeables linked to Hewlett-Packard
New York, Nov. 10 - ABN Amro Bank NV priced $7 million 10% reverse exchangeable notes linked to Hewlett-Packard Co. stock, according to a filing with the Securities and Exchange Commission.
Issuer: | ABN Amro Bank NV
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Issue: | Reverse exchangeable senior medium-term notes
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Underlying stock: | Hewlett-Packard Co.
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Amount: | $7 million
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Maturity: | Nov. 12, 2004
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Coupon: | 10%
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Price: | Par
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Payout at maturity: | Smaller of par in cash or 43.478 shares of Hewlett-Packard Co. stock
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Exchange ratio: | 43.478
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Exchange price: | $23.00
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Call: | Non-callable
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Pricing date: | Nov. 7
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Settlement: | Nov. 13
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Lead manager: | ABN Amro Financial Services
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Distribution: | Off shelf
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