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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 12/21/2011 in the Prospect News Liability Management Daily.

BAC Capital buys back £8.5 million of its 5.25% bonds over two days

By Ashley Montgomery

Kansas City, Kan., Dec. 21 - BAC Capital Trust VII said it repurchased £8.5 million its 5.25% bonds due 2035 in two recent transactions.

The company repurchased £8.25 million of the bonds on Tuesday and £250,000 of the bonds on Wednesday, according to company announcements.

Following the repurchases, £140.1 million remains outstanding.

BAC Capital Trust VIII is an affiliate of Charlotte, N.C.-based Bank of America Corp.


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