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Barclays redeems $75.85 million of Stars due 2013 linked to S&P 500
By Marisa Wong
Madison, Wis., Sept. 7 - Barclays Bank plc said it redeemed all $75,853,600 of its outstanding Strategic Accelerated Redemption Securities due March 11, 2013 linked to the S&P 500 index on Sept. 5.
The securities (Cusip: 06741L393) were redeemed at 105.01. The redemption price includes an annualized call premium of 10.02%.
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