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RBC redeems $27.92 million contingent income securities tied to Ford
By Marisa Wong
Madison, Wis., Jan. 3 - Royal Bank of Canada said it redeemed its $27,923,700 of outstanding contingent income autocallable securities due July 3, 2013 linked to the common stock of Ford Motor Co. in full on Jan. 3.
The securities (Cusip: 78008C630) were redeemed at par of $10 plus a contingent quarterly payment of $0.33875.
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