CHARLOTTE, N.C., Aug. 8, 2024
/PRNewswire/ -- Bank of America Corporation announced today that it
will redeem on September 20, 2024 all
CAD500,000,000 principal amount
outstanding of its 3.407% Fixed/Floating Rate Senior Notes, due
September 2025 (CUSIP No. 060505FG4,
ISIN: CA060505FG45) (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 September 20, 2024. Interest on the Notes
will cease to accrue on the redemption date.
Payment of the redemption price for the Notes will be made in
accordance with the applicable procedures of CDS Clearing and
Depository Services Inc. The Bank of New York Mellon Trust Company,
N.A. is the trustee and BNY Trust Company of Canada is the paying agent for the Notes.
Bank of America
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 3,800 retail financial centers,
approximately 15,000 ATMs (automated teller machines) and
award-winning digital banking with approximately 58 million
verified digital users. Bank of America is a global leader in
wealth management, corporate and investment banking and trading
across a broad range of asset classes, serving corporations,
governments, institutions and individuals around the world. Bank of
America offers industry-leading support to approximately 4 million
small business households through a suite of innovative,
easy-to-use online products and services. The company serves
clients through operations across the
United States, its territories and more than 35 countries.
Bank of America Corporation stock (NYSE: BAC) is listed on the New
York Stock Exchange.
Forward-Looking Statements
Certain information contained in this news release may
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These
statements are not guarantees of future results or performance and
involve certain risks, uncertainties and assumptions difficult to
predict or beyond our control. You should not place undue reliance
on any forward-looking statement and should consider the
uncertainties and risks discussed under Item 1A. "Risk Factors" in
our Annual Report on Form 10-K for the year ended December 31, 2023 and in any of our subsequent
Securities and Exchange Commission filings. Forward-looking
statements speak only as of the date they are made, and we
undertake no obligation to update any forward-looking statement to
reflect the impact of circumstances or events that arise after the
date the forward-looking statement was made.
For more Bank of America news, including dividend announcements
and other important information, visit the Bank of America newsroom
and register for news email alerts
www.bankofamerica.com
Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America
(Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Jocelyn Seidenfeld, Bank of
America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com
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SOURCE Bank of America Corporation