Brian Moynihan CEO of Bank of America | Bank of America
Bank of America Corporation announced its plan to redeem $2 billion in senior notes. The redemption will occur on July 22, 2025, covering all outstanding principal amounts of the 4.827% Fixed/Floating Rate Senior Notes due July 2026. The redemption price is set at 100% of the principal amount plus accrued interest up to the redemption date.
The payment process will be facilitated through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as trustee and paying agent.
Bank of America serves a wide range of clients globally and is a leader in various financial services sectors. It operates extensively within the United States and over 35 other countries.
The company has issued a reminder about forward-looking statements contained in their release, emphasizing that these are not guarantees and involve risks beyond control.
For investor inquiries, contact Lee McEntire or Jonathan G. Blum at Bank of America. Reporters can reach out to Jocelyn Seidenfeld for further information.