PR Newswire
CHARLOTTE, N.C.
,
Dec. 5, 2022
/PRNewswire/ — Bank of America Corporation announced today that it will redeem on
December 20, 2022
all
$6,000,000,000
principal amount outstanding of its 3.004% Fixed/Floating Rate Senior Notes, due 2023 (CUSIP Nos. 06051GHC6, 06051GGV5 and U0R8A1AA5) (the “Notes”).
The redemption price for the Notes will be equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of
December 20, 2022
. Interest on the Notes will cease to accrue on the redemption date.
Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company. The Bank of New York Mellon Trust Company, N.A. is the trustee and paying agent for the Notes.
Bank of America
Bank of America 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 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 56 million verified digital 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 households 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.
Forward-looking statements
Certain information contained in this news release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the year ended
December 31, 2021
, and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.
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
.
Investors May Contact:
Lee McEntire
, Bank of America
Phone: 1.980.388.6780
[email protected]
Jonathan G. Blum
, Bank of America (Fixed Income)
Phone: 1.212.449.3112
[email protected]
Reporters May Contact:
Bill Halldin
, Bank of America
Phone: 1.916.718.1251
[email protected]
Christopher P. Feeney
, Bank of America
Phone: 1.980.386.6794
[email protected]
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SOURCE Bank of America Corporation
