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JPMorgan redeems $5.41 million trigger autocallables tied to Autodesk
By Marisa Wong
Madison, Wis., Feb. 22 - JPMorgan Chase & Co. gave notice that it redeemed all $5,413,740 of its outstanding trigger autocallable optimization securities due July 19, 2012 linked to the common stock of Autodesk, Inc.
The securities (Cusip: 46634X112) were redeemed on Feb. 17 at 112.67. The redemption price includes an annualized call return of 21.72%.
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