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RBC redeems $3.72 million trigger phoenix notes tied to CSX stock
By Marisa Wong
Madison, Wis., Aug. 8 - Royal Bank of Canada said it redeemed in full its $3,724,650 of outstanding trigger phoenix autocallable optimization securities due May 8, 2013 linked to the common stock of CSX Corp.
The securities (Cusip: 78008C390) were redeemed on Aug. 8 at par plus an annualized contingent coupon of 11.34%.
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