ABN Amro to price 20% reverse exchangeables linked to Monsanto

By Jennifer Chiou

New York, Nov. 20 - ABN Amro Bank NV plans to price 20% annualized Knock-in Reverse Exchangeable Securities due May 29, 2009 linked to the common stock of Monsanto Co., according to an FWP filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The payout at maturity will be par unless Monsanto stock falls by more than 50% during the life of the notes and finishes below the initial share price, in which case the payout will be a number of Monsanto shares equal to $1,000 divided by the initial share price.

The notes are expected to price on Nov. 24 and settle on Nov. 28.

ABN Amro Inc. is the agent.

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