Bank of America Announced Redemptions in 2025

Bank of America Announces Redemptions Due April 2025

Bank of America Corporation recently announced the redemption of its Floating Rate Senior Notes and Fixed/Floating Rate Senior Notes, both due April 2025. The redemption price for each series of the Notes was equal to 100% of the principal amount, plus accrued and unpaid interest to, but excluding, the redemption date of April 22, 2024. Interest on each series of the Notes ceased to accrue on the redemption date.

The redemption of the Notes was made through the facilities of The Depository Trust Company. The Bank of New York Mellon Trust Company, N.A. served as the trustee and paying agent for the Notes.

Bank of America is one of the world's leading financial institutions, providing a comprehensive range of banking, investing, asset management, and other financial and risk management products and services to individual consumers, small and middle-market businesses, and large corporations. The company offers unmatched convenience in the United States, serving approximately 69 million consumer and small business clients through its extensive network of retail financial centers, ATMs, and digital banking platforms.

Bank of America is a global leader in wealth management, corporate and investment banking, and trading across a broad range of asset classes. The company provides industry-leading support to approximately 4 million small business households through its suite of innovative, easy-to-use online products and services. Bank of America serves clients through operations across the United States, its territories, and more than 35 countries. The company's stock is listed on the New York Stock Exchange (NYSE: BAC).

The redemption of the Notes demonstrates Bank of America's commitment to managing its debt and providing value to its shareholders. The company's extensive network of financial centers, ATMs, and digital banking platforms provides unmatched convenience to its clients. Bank of America's global presence and diverse product offerings make it a leading financial institution in the world.

Bank of America's wealth management services include investment advice, retirement planning, and estate planning. The company's corporate and investment banking services include mergers and acquisitions, debt and equity financing, and risk management. Bank of America's trading services include fixed income, currencies, commodities, and equities.

The company's financial and risk management products and services include cash management, trade finance, and foreign exchange services. Bank of America's asset management services include investment management, retirement plans, and estate planning. The company's digital banking platforms offer mobile banking, online banking, and mobile payments.

Bank of America's commitment to innovation and technology has enabled it to provide cutting-edge financial solutions to its clients. The company's extensive network of financial centers and ATMs provides convenient access to financial services. Bank of America's digital banking platforms offer a range of financial tools and resources, including budgeting and savings tools, investment advice, and financial planning.

In conclusion, Bank of America's redemption of its Floating Rate Senior Notes and Fixed/Floating Rate Senior Notes demonstrates the company's commitment to managing its debt and providing value to its shareholders. The company's extensive network of financial centers, ATMs, and digital banking platforms provides unmatched convenience to its clients. Bank of America's global presence and diverse product offerings make it a leading financial institution in the world. https://www.bankofamerica.com