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Bank of America to Redeem $2.5 Billion Senior Debt Due April 2025
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Bank of America to Redeem $2.5 Billion Senior Debt Due April 2025
Apr 17, 2024 2:13 PM

04:53 PM EDT, 04/17/2024 (MT Newswires) -- Bank of America ( BAC ) said late Wednesday it will fully redeem $2 billion of its 3.841% fixed/floating rate senior notes due April 2025 and $500 million of floating rate senior notes, also due April 2025.

The company will redeem the notes April 25 at 100% of principal amount, plus accrued and unpaid interest.

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