Bank of America Announces Redemption of 3.124% Fixed/Floating Rate Senior Notes Due January 2023 and Floating Rate Senior Notes Due January 2023
CHARLOTTE, North Carolina, January 4, 2022 /PRNewswire/ — Bank of America Corporation announced today that it will refund the January 20, 2022 all $1,500,000,000 outstanding principal amount of its 3.124% senior fixed/floating rate notes, January 2023 (CUSIP No. 06051GGE3) (the “Fixed/Floating Rate Notes”), and all $750,000,000 outstanding principal amount of its floating rate senior notes, January 2023 (CUSIP No. 06051GGH6) (the “Floating Rate Notes” and, together with the Fixed/Floating Rate Notes, the “Senior Notes”).
The redemption price for each series of Senior Notes will be equal to 100% of the principal amount of such series together with accrued and unpaid interest up to, but excluding, the redemption date. January 202022. Interest on each series of Senior Notes will cease to accrue on the Redemption Date.
Payment of the redemption price for the Senior Notes will be made through the services of The Depository Trust Company. The Bank of New York Mellon Trust Company, NA is the trustee and paying agent for the Senior Notes.
Bank of America
Bank of America is one of the world’s leading financial institutions, serving individuals, small and medium-sized businesses, and large corporations with a full range of banking, investment, asset management, and banking products and services. other financial and risk management products and services. The company offers unparalleled convenience in United States, serving approximately 66 million retail and small business customers with approximately 4,200 retail financial centers, approximately 17,000 ATMs and award-winning digital banking services with approximately 41 million active users, including approximately 32 million mobile 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 businesses, governments, institutions and individuals worldwide. whole world. Bank of America provides industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves its customers through operations across United States, its territories and about 35 countries. Bank of America Corporation (NYSE: BAC) shares are listed on the New York Stock Exchange.
Certain information in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future results or performance and involve certain risks, uncertainties and difficult assumptions. to be expected or beyond our control. You should not place undue reliance on forward-looking statements and should consider the uncertainties and risks described in 1A. “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2020, and in all of our subsequent filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events occurring after the date on which the statement forecast has been made.
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Investors can contact:
Lee McEntireBank of America
Jonathan G. BlumBank of America (fixed income)
Journalists can contact:
Jerry DubrowskiBank of America
Phone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
Christopher P. FeeneyBank of America
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SOURCE Bank of America Corporation