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Bank of America Announces Redemption of $3,000,000,000 1.319% Fixed/Floating Rate Senior Notes, Due June 2026
Bank of America Corporation announced today that it will redeem on June 19, 2025 all $3,000,000,000 principal amount outstanding of its 1.319% Fixed/Floating Rate Senior Notes, due June 2026 (CUSIP No. 06051GJD2) (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 June 19, 2025. Since June 19, 2025 is not a business day, the redemption price of the Notes, together with accrued and unpa
About this update from Bank Of America Corporation
[{"type":"text","content":"CHARLOTTE, N.C., June 11, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on June 19, 2025 all $3,000,000,000 principal amount outstanding of its 1.319% Fixed/Floating Rate Senior Notes, due June 2026 (CUSIP No. 06051GJD2) (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 June 19, 2025. Since June 19, 2025 is not a business day, the redemption price of the Notes, together with accrued and unpaid interest, will be paid on the next succeeding business day, June 20, 2025. Interest on the Notes will cease to accrue on the redemption date.","length":701,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Bank of America Corporation)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Bank of America Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":218,"url":"https://media.zenfs.com/en/prnewswire.com/4d6fb45aaf101b6a5768c6209ac29c98"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vBL7vueTUitsFOJUBxvDrQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM4NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4d6fb45aaf101b6a5768c6209ac29c98","width":400,"height":218}},"href":"https://mma.prnewswire.com/media/1612970/Bank_of_America_Corporation_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company. The Bank of New York Mellon Trust Company, N.A. is the trustee and paying agent for the Notes.","length":209,"tagName":"p"},{"type":"text","content":"Bank of America","length":15,"tagName":"p"},{"type":"text","content":"Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digit...