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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 2/23/2012 in the Prospect News Liability Management Daily.

BAC Capital repurchases £10.4 million of 5.25% bonds due August 2035

By Ashley Montgomery

Kansas City, Kan., Feb. 23 - BAC Capital Trust VII repurchased a total of £10.4 million of its 5.25% bonds due Aug. 10, 2035 in two transactions, according to a notice.

The company said it repurchased £8.4 million of the notes Thursday and will repurchase an additional £2 million of the notes on Friday.

Following the transactions, the amount outstanding will be £90 million.

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


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