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Barclays redeems $3.09 million contingent income notes on Starbucks
By Marisa Wong
Madison, Wis., Jan. 2 - Barclays Bank plc said it redeemed all $3,090,500 of its outstanding contingent income autocallable securities with step-down redemption threshold level feature due June 25, 2015 linked to the common stock of Starbucks Corp.
The notes (Cusip: 06742A834) were redeemed on Dec. 27 at par plus a contingent quarterly payment of 3.01%.
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