RBC redeems $3.14 million trigger optimization notes tied to Best Buy

By Marisa Wong

Madison, Wis., May 23 - Royal Bank of Canada said it redeemed all $3,140,200 of its outstanding 0% trigger autocallable optimization securities due March 21, 2012 linked to the common stock of Best Buy Co., Inc. on May 18.

The securities (Cusip: 78009C225) were redeemed at par.

The Bank of New York Mellon was the redemption agent.

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