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Bank One Capital to redeem $17 million of 7.2% preferred securities
By Ashley Montgomery
Kansas City, Kan., April 2 - JPMorgan Chase & Co. affiliate Bank One Capital VI will redeem $17 million of its 7.2% preferred securities due 2031, according to an announcement.
The preferreds will be redeemed April 30.
Bank of New York Mellon is the trustee.
JPMorgan Chase is a financial services company based in New York.
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