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Barclays redeems $4 million autocallable securities tied to VMware
By Melissa Kory
Cleveland, Jan. 24 - Barclays Bank plc redeemed its $4 million of variable-rate autocallable optimization securities with contingent protection due Dec. 23, 2011 linked to the common stock of VMWare, Inc.
The notes (Cusip: 06740P106) were redeemed on Jan. 24 at par, plus accrued interest to the redemption date.
Bank of New York Mellon Trust Co., NA was the redemption agent.
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