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Prospect News home > News index > List of issuers B > Headlines for Barclays Bank plc > News item
Published on 1/12/2011 in the Prospect News Structured Products Daily.

Barclays redeems $5 million 19% reverse convertibles on MGM Resorts

By Marisa Wong

Madison, Wis., Jan. 12 - Barclays Bank plc gave notice that it redeemed all $5 million of its outstanding 19% callable reverse convertible notes due Oct. 11, 2011 linked to MGM Resorts International on Wednesday.

The notes (Cusip: 06740PTA4) were redeemed at par plus accrued interest to the redemption date.

The Bank of New York Mellon Trust Co., NA is the trustee.


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