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Bank of America Announces Redemption of CAD550,000,000 3.515% Fixed/Floating Rate Senior Notes, Due March 2026
BACBank of America(BAC) Prnewswire·2025-02-20 21:15

Group 1 - Bank of America Corporation will redeem CAD550,000,000 of its 3.515% Fixed/Floating Rate Senior Notes on March 24, 2025, at a redemption price of 100% of the principal amount plus accrued interest [1] - The interest on the Notes will cease to accrue on the redemption date [1] - Payment of the redemption price will follow the procedures of CDS Clearing and Depository Services Inc., with The Bank of New York Mellon Trust Company, N.A. acting as trustee [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 operates in over 35 countries and is a global leader in wealth management and corporate and investment banking [3]