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Bank of America to Redeem $1.7 Billion Floating Rate Senior Notes due 2025
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Bank of America to Redeem $1.7 Billion Floating Rate Senior Notes due 2025
Aug 16, 2024 5:07 AM

07:39 AM EDT, 08/16/2024 (MT Newswires) -- Bank of America ( BAC ) said Friday it will on Aug. 24 redeem the entire 1.5 billion euros ($1.7 billion) in principal amount of its floating rate senior notes due Aug. 24, 2025.

The notes will be redeemed at 1,000 euros per 1,000 euros calculation amount, plus accrued interest up to the redemption date.

Payment is scheduled to be made Aug. 27.

Bank of America ( BAC ) will ask the UK Financial Conduct Authority to delist the notes from the Official List and the London Stock Exchange after the redemption.

Price: 39.05, Change: +0.02, Percent Change: +0.05

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