Barclays redeems all $1.2 million reverse convertibles on Home Depot

By Marisa Wong

Madison, Wis., Dec. 6 - Barclays Bank plc said it redeemed in full its $1.2 million of outstanding single observation quarterly callable reverse convertible notes due Dec. 5, 2013 linked to Home Depot, Inc. shares.

The notes (Cusip: 06741JF61) were redeemed on Dec. 5 at par plus accrued interest to the redemption date. Prior to redemption, the coupon was equal to 8.05% per year.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.