04:29 PM EDT, 10/04/2024 (MT Newswires) -- Bank of America ( BAC ) said late Friday it will redeem on Oct. 22 its $2 billion in 2.456% fixed/floating rate senior notes due October 2025.

The redemption price will be 100% of the principal amount of the notes, plus unpaid interest to, but excluding, the Oct. 22 redemption date, the company said.

Price: 40.03, Change: -0.08, Percent Change: -0.20