Group 1 - Bank of America Corporation will redeem all $2,000,000,000 principal amount of its 1.530% Fixed/Floating Rate Senior Notes on December 6, 2024, at a redemption price equal to 100% of the principal amount plus accrued and unpaid interest [1] - The interest on the Notes will cease to accrue on the redemption date [1] - Payment of the redemption price will be made through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as the trustee and paying agent [2] Group 2 - Bank of America is a leading financial institution providing a full range of banking, investing, asset management, and risk management products and services [3] - The company serves approximately 69 million consumer and small business clients through about 3,700 retail financial centers and approximately 15,000 ATMs [3] - Bank of America is a global leader in wealth management, corporate and investment banking, serving clients across the United States and more than 35 countries [3]
Bank of America Announces Redemption of $2,000,000,000 1.530% Fixed/Floating Rate Senior Notes, Due December 2025