Bank of America Announces Redemption of 2.151% Senior Notes, due November 2020
October 16 2019 - 4:10PM
Business Wire
Bank of America Corporation announced today that it will redeem
all $1,000,000,000 principal amount outstanding of its 2.151%
Senior Notes, due November 2020 (CUSIP No. 06051GGB9) (the
“Notes”), on November 9, 2019, 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 November 9, 2019.
Since November 9, 2019 is not a business day, the redemption price
will be paid on the next succeeding business day, November 12,
2019. Interest on the Notes will cease to accrue on the redemption
date.
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.
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
66 million consumer and small business clients with approximately
4,300 retail financial centers, including approximately 2,400
lending centers, 2,600 financial centers with a Consumer Investment
Financial Solutions Advisor and 1,700 business centers;
approximately 16,600 ATMs; and award-winning digital banking with
nearly 38 million active users, including approximately 29 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 corporations, governments,
institutions and individuals around the world. Bank of America
offers industry-leading support to approximately 3 million small
business owners 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
approximately 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 in our 2018
Annual Report on Form 10-K and 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. Click here to register for news email alerts.
www.bankofamerica.com
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version on businesswire.com: https://www.businesswire.com/news/home/20191016005849/en/
Investors May Contact: Lee McEntire, Bank of America,
1.980.388.6780 lee.mcentire@bofa.com Jonathan G. Blum, Bank of
America (Fixed Income), 1.212.449.3112 jonathan.blum@bofa.com
Reporters May Contact: Lawrence Grayson, Bank of America,
1.704.995.5825 lawrence.grayson@bofa.com
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