Bank of America, N.A. Announces Redemption of Floating Rate Senior Bank Notes, Due July 2021
July 09 2020 - 4:10PM
Business Wire
Bank of America, N.A. announced today that it will redeem all
$1,500,000,000 principal amount outstanding of its Floating Rate
Senior Bank Notes, due July 2021 (CUSIP No. 06050TMN9) (the
“Notes”), on July 27, 2020, 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 July 27, 2020.
Payment of the redemption price for the Notes will be made
through the facilities of The Depository Trust Company. Bank of
America, N.A. (Global Custody and Agency Services) is the U.S.
registrar and paying agent for the Notes.
Bank of America Bank of America Corporation, the parent company
of Bank of America, N.A., 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 3,000 lending centers, 2,700
financial centers with a Consumer Investment Financial Solutions
Advisor and approximately 2,100 business centers; approximately
16,900 ATMs; and award-winning digital banking with approximately
39 million active users, including approximately 30 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.
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
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version on businesswire.com: https://www.businesswire.com/news/home/20200709005053/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: Jerry Dubrowski, Bank of America,
1.646.855.1195 (office) or 1.508.843.5626 (mobile)
jerome.f.dubrowski@bofa.com
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