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Bank of America Announces Redemption of $2,000,000,000 3.366% Fixed/Floating Rate Senior Notes, Due January 2026
BACBank of America(BAC) Prnewswire·2025-01-07 21:15

Group 1 - Bank of America Corporation will redeem all $2,000,000,000 principal amount of its 3.366% Fixed/Floating Rate Senior Notes on January 23, 2025, at a redemption price equal to 100% of the principal amount plus accrued and unpaid interest [1] - The payment of the redemption price will be facilitated through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as the trustee and paying agent for the Notes [2] Group 2 - Bank of America is a leading financial institution providing a full range of banking, investing, asset management, and financial services to individual consumers, small and middle-market businesses, and large corporations [3] - The company serves approximately 69 million consumer and small business clients through about 3,700 retail financial centers and approximately 15,000 ATMs, along with a strong digital banking presence of around 58 million verified digital users [3] - Bank of America is recognized as a global leader in wealth management, corporate and investment banking, and trading across various asset classes, serving clients worldwide [3]