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Bank of America Announces Redemption Of $1.75B 3.093% Fixed/Floating Rate Senior Notes, Due October 2025

Author: Benzinga Newsdesk | September 16, 2024 04:18pm

Bank of America Corporation announced today that it will redeem on October 1, 2024, all $1,750,000,000 principal amount outstanding of its 3.093% Fixed/Floating Rate Senior Notes, due October 2025 (CUSIP No. 06051GGT0) (the "Notes"), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of October 1, 2024. Interest on the Notes will cease to accrue on the redemption date.

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