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Prospect News home > News index > List of issuers Tenders > Headlines for 2012 > News item
Published on 8/23/2012 in the Prospect News Structured Products Daily.

RBC redeems $209,980 trigger phoenix autocallables tied to CBS

By Marisa Wong

Madison, Wis., Aug. 23 - Royal Bank of Canada said it redeemed on Aug. 22 all $209,980 of its outstanding trigger phoenix autocallable optimization securities due May 23, 2013 linked to the common stock of CBS Corp.

The securities (Cusip: 78008C515) were redeemed at par plus a quarterly contingent coupon of 13.5% per year.


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