Bank of America Announces Redemption of $3,000,000,000 1.319% Fixed/Floating Rate Senior Notes, Due June 2026

Core Viewpoint - Bank of America Corporation will redeem $3 billion of its 1.319% Fixed/Floating Rate Senior Notes on June 19, 2025, at a price equal to 100% of the principal amount plus accrued interest [1] Group 1: Redemption Details - The redemption will occur on June 19, 2025, with payment made on the next business day, June 20, 2025, due to June 19 not being a business day [1] - Interest on the Notes will cease to accrue on the redemption date [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 [2] Group 2: Company Overview - 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 around 3,700 retail financial centers and approximately 15,000 ATMs, along with 59 million verified digital users [3] - Bank of America operates globally, serving clients in the U.S., its territories, and over 35 countries, and is listed on the New York Stock Exchange (NYSE: BAC) [3]