Bank of America Corporation Announces Fallback Rate (CORRA) as Substitute Base Rate for Certain Outstanding Debt Securities Linked to the Canadian dollar Bankers' Acceptance Rate (CDOR) After June 28, 2024

CHARLOTTE, N.C., June 21, 2024 /PRNewswire/ -- Bank of America Corporation ("BAC") (NYSE: BAC) has issued and outstanding certain floating or fixed-to-floating rate debt securities, listed in Annexes 1, 2 and 3 to this press release for which the Canadian dollar Bankers' Acceptance Rate ("CDOR"), which is also known as the Canadian Dollar Offered Rate, for an index maturity of three months ("Three-Month CDOR") serves as the base rate used or to be used in calculating or determining applicable interest payme ...