04:36 PM EST, 03/07/2025 (MT Newswires) -- Bank of America ( BAC ) said Friday that it will redeem CA$400 million ($278.2 million) of floating rate senior notes due March 2026 on March 16.

The redemption price includes a 100% principal amount along with accrued and unpaid interest, according to the company. The redemption price will be made on March 17.