Bank of America Announces Redemption of CAD550,000,000 3.515% Fixed/Floating Rate Senior Notes, Due March 2026
Bank of America (NYSE: BAC) has announced the redemption of CAD550,000,000 3.515% Fixed/Floating Rate Senior Notes, originally due March 2026. The redemption will take place on March 24, 2025, with a redemption price equal to 100% of the principal amount plus accrued and unpaid interest up to the redemption date.
The redemption process will be handled 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 the paying agent. Interest on the Notes will cease to accrue on the redemption date.
Bank of America serves approximately 69 million consumer and small business clients through 3,700 retail financial centers and 15,000 ATMs, with approximately 58 million verified digital users. The bank operates across the United States and more than 35 countries, providing comprehensive banking, investing, asset management, and risk management services.
Bank of America (NYSE: BAC) ha annunciato il rimborso di CAD550.000.000 di Note Senior a Tasso Fisso/Variabile al 3,515%, originariamente in scadenza a marzo 2026. Il rimborso avverrà il 24 marzo 2025, con un prezzo di rimborso pari al 100% dell'importo principale più gli interessi maturati e non pagati fino alla data di rimborso.
Il processo di rimborso sarà gestito attraverso 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 Note cesseranno di maturare alla data di rimborso.
Bank of America serve circa 69 milioni di clienti consumer e piccole imprese attraverso 3.700 centri finanziari al dettaglio e 15.000 sportelli automatici, con circa 58 milioni di utenti digitali verificati. La banca opera negli Stati Uniti e in più di 35 paesi, offrendo servizi completi di banking, investimento, gestione patrimoniale e gestione del rischio.
Bank of America (NYSE: BAC) ha anunciado el reembolso de CAD550,000,000 en Notas Senior a Tasa Fija/Variable del 3.515%, originalmente con vencimiento en marzo de 2026. El reembolso se llevará a cabo el 24 de marzo de 2025, con un precio de reembolso igual al 100% del monto principal más los intereses acumulados y no pagados hasta la fecha de reembolso.
El proceso de reembolso será gestionado 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 acumularse en la fecha de reembolso.
Bank of America atiende aproximadamente a 69 millones de clientes de consumo y pequeñas empresas a través de 3,700 centros financieros minoristas y 15,000 cajeros automáticos, con aproximadamente 58 millones de usuarios digitales verificados. El banco opera en los Estados Unidos y en más de 35 países, ofreciendo servicios integrales de banca, inversión, gestión de activos y gestión de riesgos.
뱅크오브아메리카 (NYSE: BAC)는 원래 2026년 3월 만기 예정인 CAD550,000,000 규모의 3.515% 고정/변동 이자율 선순위 채권을 상환한다고 발표했습니다. 상환은 2025년 3월 24일에 이루어지며, 상환 가격은 원금의 100%와 상환일까지의 미지급 이자를 포함합니다.
상환 과정은 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 지정됩니다. 채권에 대한 이자는 상환일에 발생하지 않습니다.
뱅크오브아메리카는 약 6,900만 명의 개인 및 중소기업 고객에게 3,700개의 소매 금융 센터와 15,000개의 ATM을 통해 서비스를 제공하며, 약 5,800만 명의 검증된 디지털 사용자를 보유하고 있습니다. 이 은행은 미국과 35개국 이상에서 운영되며, 포괄적인 은행업, 투자, 자산 관리 및 리스크 관리 서비스를 제공합니다.
Bank of America (NYSE: BAC) a annoncé le remboursement de 550 millions de dollars canadiens de Notes Senior à taux fixe/variable de 3,515%, initialement dues en mars 2026. Le remboursement aura lieu le 24 mars 2025, à un prix de remboursement égal à 100% du montant principal plus les intérêts courus et impayés jusqu'à la date de remboursement.
Le processus de remboursement sera géré 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 en tant qu'agent de paiement. Les intérêts sur les Notes cesseront d'accumuler à la date de remboursement.
Bank of America sert environ 69 millions de clients particuliers et de petites entreprises à travers 3 700 centres financiers de détail et 15 000 distributeurs automatiques, avec environ 58 millions d'utilisateurs numériques vérifiés. La banque opère aux États-Unis et dans plus de 35 pays, offrant des services bancaires, d'investissement, de gestion d'actifs et de gestion des risques complets.
Bank of America (NYSE: BAC) hat die Rückzahlung von CAD550.000.000 an festverzinslichen/variablen Senior Notes mit 3,515% angekündigt, die ursprünglich im März 2026 fällig sind. Die Rückzahlung erfolgt am 24. März 2025, zu einem Rückzahlungspreis, der 100% des Nennbetrags zuzüglich aufgelaufener und nicht gezahlter Zinsen bis zum Rückzahlungstermin beträgt.
Der Rückzahlungsprozess wird über CDS Clearing and Depository Services Inc. abgewickelt, wobei die Bank of New York Mellon Trust Company, N.A. als Treuhänder und BNY Trust Company of Canada als Zahlstelle fungiert. Die Zinsen auf die Notes hören am Rückzahlungstag auf zu laufen.
Bank of America bedient etwa 69 Millionen Privat- und Geschäftskunden über 3.700 Einzelhandelsfinanzzentren und 15.000 Geldautomaten und hat etwa 58 Millionen verifizierte digitale Nutzer. Die Bank ist in den Vereinigten Staaten und in mehr als 35 Ländern tätig und bietet umfassende Bank-, Investitions-, Vermögensverwaltungs- und Risikomanagementdienstleistungen 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
Forward-Looking Statements
Certain information contained in this news release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. You should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023, and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.
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
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