Bank of America announces redemption of $1.75B senior notes

by
Contributor since / Followers

3 months ago

Bank of America (NYSE:BAC) said on Monday that it will redeem on October 1, 2024, all $1.75B principal amount outstanding of its 3.093% Fixed/Floating Rate Senior Notes, due October 2025 at a redemption price equal to 100% of the principal amount of the Notes.
Interest on the Notes will cease to accrue on the redemption date.

Tags: BAC