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Barclays calls trigger optimization securities tied to Alpha Natural
By Marisa Wong
Madison, Wis., April 18 - Barclays Bank plc gave notice that it redeemed all $11,026,380 of its outstanding trigger autocallable optimization securities due March 21, 2012 linked to the common stock of Alpha Natural Resources, Inc.
The securities (Cusip: 06741K502) were redeemed on Monday at 102.15, which includes an annualized call return of 25.83%.
The Bank of New York Mellon is the redemption agent.
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