04:35 PM EDT, 03/22/2024 (MT Newswires) -- Bank of America ( BAC ) said late Friday it plans to redeem on April 25 its 1 billion Canadian dollars ($735 million) of 2.932% fixed/floating rate senior notes due April 2025.
The redemption price will be 100% of the principal amount of the notes, plus unpaid interest to the redemption date, the company said.