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Bank of America Announces Redemption of €1,500,000,000 1.776% Fixed/Floating Rate Senior Notes, due May 4, 2027
Bank of America Corporation announced today that it will redeem on May 4, 2026 all €1,500,000,000 principal amount outstanding of its 1.776% Fixed/Floating Rate Senior Notes, due May 4, 2027 (ISIN: XS1602547264; Common Code: 160254726) (the "Notes").
About this update from Bank Of America Corporation
[{"type":"text","content":"CHARLOTTE, N.C., April 16, 2026 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on May 4, 2026 all €1,500,000,000 principal amount outstanding of its 1.776% Fixed/Floating Rate Senior Notes, due May 4, 2027 (ISIN: XS1602547264; Common Code: 160254726) (the "Notes").","length":308,"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/Tel3UIypnbbVxERHYJmO.w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM4NA--/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":"The Notes were issued under the Bank of America Corporation U.S. $65,000,000,000 Euro Medium-Term Note Program. The redemption price for the Notes will be equal to the Optional Redemption Amount of €1,000 per €1,000 Calculation Amount (as specified in the Amended and Restated Final Terms dated May 8, 2018), plus accrued and unpaid interest to, but excluding, the redemption date of May 4, 2026. Since May 4, 2026 is not a business day (as defined in the Terms and Conditions of the Notes), the redemption price for the Notes will be paid on the next succeeding business day, May 5, 2026. Interest on the Notes will cease to accrue on the redemption date.","length":656,"tagName":"p"},{"type":"text","content":"Payment of the redemption price for the Notes will be made in accordance with the applicable procedures of Euroclear Bank SA/NV and Clearstream Banking, S.A.","length":167,"tagName":"p"},{"type":"text","content":"Citibank, N.A., London Branch is the Principal Agent for the Notes and Citibank Europe plc is the Registrar for the Notes.","length":122,"tagName":"p"},{"type":"text","content":"Bank of America Corporation will request the Financial Conduct Authority (the "FCA") to cancel the listing of the Notes on the Official List of the FCA and the London Stock Exchange (the "Exchange") to c...