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JPMorgan redeems $5.12 million absolute return notes on Homebuilders
By Marisa Wong
Madison, Wis., May 30 - JPMorgan Chase & Co. gave notice that it redeemed in full its $5,119,800 of outstanding contingent absolute return autocallable optimization securities due March 1, 2013 linked to the SPDR S&P Homebuilders exchange-traded fund.
The securities (Cusip: 48126B285) were redeemed on May 25 at par plus a call return of 12% per year.
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