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Prospect News home > News index > List of issuers F > Headlines for Freeport-McMoRan Copper & Gold Inc. > News item
Published on 9/28/2012 in the Prospect News Structured Products Daily.

RBC redeems $6.15 million trigger phoenix notes on Freeport-McMoRan

By Marisa Wong

Madison, Wis., Sept. 28 - Royal Bank of Canada said it redeemed on Sept. 28 all $6,152,190 of its outstanding trigger phoenix autocallable optimization securities due March 28, 2013 linked to the common stock of Freeport-McMoRan Copper & Gold Inc.

The securities (Cusip: 78008C135) were redeemed at par plus a quarterly contingent coupon of 11.98% per year.


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