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Published on 5/10/2023 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

BofA to redeem all $1 billion of 1.486% fixed/floaters due 2024

By Wendy Van Sickle

Columbus, Ohio, May 10 – Bank of America Corp. announced it will redeem all outstanding $1 billion 1.486% fixed/floating-rate senior notes due May 2024 (Cusip: 06051GJC4), according to a press release on Wednesday.

The notes will be redeemed on May 19 at par plus accrued and unpaid interest to, but excluding, the redemption date.

Bank of New York Mellon Trust Co., NA is the trustee and paying agent.

The financial services company is based in Charlotte, N.C.


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