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You are at:Home » Bank of America Announces Redemption of $2 Billion of 3.366% Fixed and Floating Rate Senior Notes Due January 2026
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Bank of America Announces Redemption of $2 Billion of 3.366% Fixed and Floating Rate Senior Notes Due January 2026

Adnan MaharBy Adnan MaharJanuary 7, 2025No Comments3 Mins Read0 Views
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charlotte, north carolina, January 7, 2025 /PRNewswire/ — Bank of America Corporation today announced that redemptions will occur in the following days: January 23, 2025all 2 billion dollars 3.366% Fixed/Floating Rate Senior Notes Outstanding Principal Amount, Due Date January 2026 (CUSIP No. 06051GGZ6) (the “Bonds”), the redemption price will be 100% of the principal amount of the Notes, plus accrued interest up to (but excluding) the Redemption Date. January 23, 2025. Interest on bonds ceases to accrue on the maturity date.

Payment of the redemption price of the Notes will be made through the facilities of The Depository Trust Company. The Bank of New York Mellon Trust Company, NA is the trustee and paying agent for the Notes.

bank of america

Bank of America is one of the world’s leading financial institutions, providing a full range of banking, investment, asset management, and other financial and risk management products and services to individuals, small businesses, and large corporations. The company offers unparalleled convenience USserves approximately 69 million consumers, with approximately 3,700 retail financial centers, approximately 15,000 automated teller machines (ATMs), and award-winning digital banking with approximately 58 million authenticated digital users. and serves small and medium-sized business customers. Bank of America is a global leader in wealth management, corporate banking, investment banking and trading across a wide range of asset classes, serving businesses, governments, institutions and individuals around the world. Bank of America provides industry-leading support to approximately 4 million small business households through a suite of innovative and easy-to-use online products and services. The company serves customers through various businesses. USits territory and more than 35 countries. Bank of America Corporation stock (NYSE:BAC) is traded on the New York Stock Exchange.

Forward-looking statements

Certain information contained in this news release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions that are difficult to predict or predict. It’s beyond our control. You should not place undue reliance on forward-looking statements and should consider the uncertainties and risks described in Item 1A. “Risk Factors” in the Form 10-K Annual Report for the Ended Year December 31, 2023and in subsequent filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made, and we do not use forward-looking statements to reflect the effects of circumstances or events occurring after the date on which they are made. We undertake no obligation to update the description.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and sign up for news email alerts.

www.bankofamerica.com

Investors can contact:

Lee McEntireBank of America
Phone: 1.980.388.6780
(email protected)

Jonathan G. BlumBank of America (bonds)
Phone: 1.212.449.3112
(email protected)

Reporter contact information:

Jocelyn SeidenfeldBank of America
Phone: 1.646.743.3356
(email protected)

SOURCE Bank of America Corporation



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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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