Barclays redeems $14.53 million trigger optimization notes on SanDisk

By Marisa Wong

Madison, Wis., May 2 - Barclays Bank plc said it redeemed its $14,530,960 of outstanding 0% trigger autocallable optimization securities due March 1, 2012 linked to the common stock of SanDisk Corp. in full on April 29.

The notes (Cusip: 06741J802) were redeemed at 104.28, which includes a 25.67% annualized call return.

The Bank of New York Mellon was the redemption agent.

© 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.