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JPMorgan redeems $15.34 million trigger phoenix autocallables on Apple
By Marisa Wong
Madison, Wis., June 4 - JPMorgan Chase & Co. gave notice that it redeemed in full its $15,341,170 of outstanding trigger phoenix autocallable optimization securities due Feb. 28, 2013 linked to the common stock of Apple Inc.
The securities (Cusip: 48126B251) were redeemed on May 31 at par plus a contingent coupon of 9.51% per year.
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