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Bank of America Announces Redemptions of $500,000,000 Floating Rate Senior Notes and $3,000,000,000 3.384% Fixed/Floating Rate Senior Notes, Due April 2026
BACBank of America(BAC) Prnewswire·2025-03-25 20:15

Group 1 - Bank of America Corporation will redeem 500millionofitsFloatingRateSeniorNotesand500 million of its Floating Rate Senior Notes and 3 billion of its 3.384% Fixed/Floating Rate Senior Notes on April 2, 2025 [1][2] - The redemption price will be 100% of the principal amount plus accrued and unpaid interest, with interest ceasing to accrue on the redemption date [2] - The payment will be processed 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 services [3] - The company serves approximately 69 million consumer and small business clients through 3,700 retail financial centers and around 15,000 ATMs [3] - Bank of America is recognized as a global leader in wealth management, corporate and investment banking, and trading across various asset classes [3]