Bank of America Announces Redemption of CAD400,000,000 Floating Rate Senior Notes, Due March 2026
Bank of America (NYSE: BAC) has announced the redemption of CAD400,000,000 Floating Rate Senior Notes originally due March 2026. The redemption will take place on March 16, 2025, with payment processed on March 17, 2025, due to business day scheduling. The redemption price equals 100% of the principal amount plus accrued and unpaid interest.
The payment will be processed through CDS Clearing and Depository Services Inc., with The Bank of New York Mellon Trust Company, N.A. serving as trustee and BNY Trust Company of Canada as paying agent. Interest on the Notes will cease to accrue on the redemption date.
As a leading financial institution, Bank of America serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with 58 million verified digital users. The bank operates across the United States and more than 35 countries, providing banking, investing, asset management, and risk management services.
Bank of America (NYSE: BAC) ha annunciato il riscatto di CAD400.000.000 di Obbligazioni Senior a Tasso Variabile originariamente in scadenza a marzo 2026. Il riscatto avrà luogo il 16 marzo 2025, con il pagamento elaborato il 17 marzo 2025, a causa della programmazione dei giorni lavorativi. Il prezzo di riscatto equivale al 100% dell'importo principale più gli interessi maturati e non pagati.
Il pagamento sarà elaborato tramite CDS Clearing and Depository Services Inc., con The Bank of New York Mellon Trust Company, N.A. in qualità di fiduciario e BNY Trust Company of Canada come agente di pagamento. Gli interessi sulle Obbligazioni cesseranno di maturare alla data di riscatto.
In qualità di istituzione finanziaria leader, Bank of America serve circa 69 milioni di clienti consumer e piccole imprese attraverso 3.700 centri al dettaglio e 15.000 sportelli automatici, con 58 milioni di utenti digitali verificati. La banca opera negli Stati Uniti e in più di 35 paesi, fornendo servizi bancari, di investimento, gestione patrimoniale e gestione del rischio.
Bank of America (NYSE: BAC) ha anunciado el rescate de CAD400,000,000 de Notas Senior a Tasa Flotante originalmente con vencimiento en marzo de 2026. El rescate se llevará a cabo el 16 de marzo de 2025, con el pago procesado el 17 de marzo de 2025, debido a la programación de días hábiles. El precio de rescate equivale al 100% del monto principal más los intereses devengados y no pagados.
El pago será procesado a través de CDS Clearing and Depository Services Inc., con The Bank of New York Mellon Trust Company, N.A. actuando como fideicomisario y BNY Trust Company of Canada como agente de pago. Los intereses sobre las Notas dejarán de devengarse en la fecha de rescate.
Como una institución financiera líder, Bank of America atiende aproximadamente a 69 millones de clientes de consumo y pequeñas empresas a través de 3,700 centros minoristas y 15,000 cajeros automáticos, con 58 millones de usuarios digitales verificados. El banco opera en los Estados Unidos y en más de 35 países, proporcionando servicios bancarios, de inversión, gestión de activos y gestión de riesgos.
뱅크 오브 아메리카 (NYSE: BAC)는 원래 2026년 3월 만기 예정인 CAD400,000,000 변동금리 선순위 채권의 상환을 발표했습니다. 상환은 2025년 3월 16일에 이루어지며, 영업일 일정으로 인해 2025년 3월 17일에 지급이 처리됩니다. 상환 가격은 원금의 100%와 미지급 이자를 포함합니다.
지급은 CDS Clearing and Depository Services Inc.를 통해 처리되며, The Bank of New York Mellon Trust Company, N.A.가 수탁자로, BNY Trust Company of Canada가 지급 대행자로 역할을 합니다. 채권에 대한 이자는 상환일에 발생하지 않습니다.
선도적인 금융 기관으로서 뱅크 오브 아메리카는 약 6,900만 명의 소비자 및 소기업 고객에게 3,700개의 소매 센터와 15,000개의 ATM을 통해 서비스를 제공합니다. 이 은행은 미국과 35개 이상의 국가에서 운영되며, 은행 업무, 투자, 자산 관리 및 위험 관리 서비스를 제공합니다.
Bank of America (NYSE: BAC) a annoncé le rachat de CAD400,000,000 d'Obligations Senior à Taux Flottant initialement dues en mars 2026. Le rachat aura lieu le 16 mars 2025, avec un paiement traité le 17 mars 2025, en raison de la planification des jours ouvrables. Le prix de rachat équivaut à 100 % du montant principal plus les intérêts courus et non payés.
Le paiement sera traité par CDS Clearing and Depository Services Inc., avec The Bank of New York Mellon Trust Company, N.A. en tant que fiduciaire et BNY Trust Company of Canada comme agent payeur. Les intérêts sur les Obligations cesseront de courir à la date de rachat.
En tant qu'institution financière de premier plan, Bank of America sert environ 69 millions de clients consommateurs et de petites entreprises à travers 3 700 centres de détail et 15 000 guichets automatiques, avec 58 millions d'utilisateurs numériques vérifiés. La banque opère aux États-Unis et dans plus de 35 pays, fournissant des services bancaires, d'investissement, de gestion d'actifs et de gestion des risques.
Bank of America (NYSE: BAC) hat die Rückzahlung von CAD400.000.000 Floating Rate Senior Notes angekündigt, die ursprünglich im März 2026 fällig waren. Die Rückzahlung erfolgt am 16. März 2025, mit der Zahlung, die am 17. März 2025 bearbeitet wird, aufgrund der Geschäftstagsplanung. Der Rückzahlungsbetrag entspricht 100% des Nennbetrags zuzüglich aufgelaufener und unbezahlter Zinsen.
Die Zahlung wird über CDS Clearing and Depository Services Inc. abgewickelt, wobei The Bank of New York Mellon Trust Company, N.A. als Treuhänder und BNY Trust Company of Canada als Zahlstelle fungiert. Die Zinsen auf die Anleihen werden am Rückzahlungstag nicht mehr anfallen.
Als führendes Finanzinstitut bedient Bank of America etwa 69 Millionen Verbraucher- und Kleinunternehmenskunden über 3.700 Einzelhandelszentren und 15.000 Geldautomaten, mit 58 Millionen verifizierten digitalen Nutzern. Die Bank ist in den Vereinigten Staaten und in mehr als 35 Ländern tätig und bietet Bank-, Investitions-, Vermögensverwaltungs- und Risikomanagementdienste an.
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Payment of the redemption price for the Notes will be made in accordance with the applicable procedures of CDS Clearing and Depository Services Inc. The Bank of New York Mellon Trust Company, N.A. is the trustee and BNY Trust Company of
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in
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Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com
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SOURCE Bank of America Corporation
FAQ
What is the redemption amount for BAC's Canadian dollar-denominated floating rate notes?
When will BAC process the redemption payment for the March 2026 floating rate notes?
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