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Published on 5/15/2012 in the Prospect News Structured Products Daily.

Barclays redeems $10.66 million Stars linked to Apple stock in full

By Marisa Wong

Madison, Wis., May 15 - Barclays Bank plc said it redeemed all $10,659,580 of its outstanding Strategic Accelerated Redemption Securities due Nov. 20, 2012 linked to the common stock of Apple Inc. on May 15.

The securities (Cusip: 06741L682) were redeemed at 110.01. The redemption price included an annualized call premium of 20.02%.


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