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Bank of America (NYSE:BAC) announced on Friday the redemption of all of the CHF 375M principal amount outstanding on its 0.2525% senior notes due June 12, 2026.
Shares were -2.36% pre-market at $42.29.
The banking giant will redeem the notes on June 12, 2025.
The redemption price will be equal to the optional redemption amount of CHF 5,000 per CHF 5,000 calculation amount, plus any accrued and unpaid interest.
The last day of trading on the SIX Swiss Exchange will be June 10.