Bank of America Announces Redemption of €1.5 Billion of Floating Rate Senior Notes, Due August 24, 2025
Bank of America (NYSE: BAC) has announced the redemption of €1.5 billion of Floating Rate Senior Notes due August 24, 2025. The redemption will occur on August 24, 2024, with payment on August 27, 2024, due to the original date falling on a non-business day. The redemption price will be €1,000 per €1,000 Calculation Amount, plus accrued and unpaid interest.
The Notes were issued under Bank of America's €65 billion Euro Medium-Term Note Program. Following the redemption, Bank of America will request the cancellation of the Notes' listing on the Official List of the Financial Conduct Authority and their trading on the London Stock Exchange's regulated market.
Bank of America serves approximately 69 million consumer and small business clients in the United States, with about 3,800 retail financial centers and 15,000 ATMs. The company is a global leader in wealth management, corporate and investment banking, and trading across various asset classes.
Bank of America (NYSE: BAC) ha annunciato il riscatto di €1,5 miliardi di Obbligazioni Senior a Tasso Variabile in scadenza il 24 agosto 2025. Il riscatto avverrà il 24 agosto 2024, con pagamento previsto per il 27 agosto 2024, poiché la data originale cade in un giorno festivo. Il prezzo di riscatto sarà di €1.000 per ogni importo di calcolo di €1.000, oltre agli interessi maturati e non pagati.
Le Obbligazioni sono state emesse nell'ambito del programma di €65 miliardi di Euro Medium-Term Note di Bank of America. Dopo il riscatto, Bank of America richiederà la cancellazione della quotazione delle Obbligazioni dall'elenco ufficiale della Financial Conduct Authority e il loro trading nel mercato regolamentato della Borsa di Londra.
Bank of America serve circa 69 milioni di clienti al dettaglio e piccole imprese negli Stati Uniti, con circa 3.800 centri finanziari al dettaglio e 15.000 bancomat. L'azienda è un leader globale nella gestione patrimoniale, nella banca corporate e di investimento, e nel trading attraverso varie classi di attivo.
Bank of America (NYSE: BAC) ha anunciado el reembolso de €1.5 mil millones de Notas Senior a Tasa Flotante con vencimiento el 24 de agosto de 2025. El reembolso se llevará a cabo el 24 de agosto de 2024, con pago el 27 de agosto de 2024, debido a que la fecha original cae en un día no laborable. El precio de reembolso será de €1,000 por cada €1,000 de cantidad de cálculo, más intereses acumulados y no pagados.
Las Notas fueron emitidas bajo el programa de €65 mil millones de Euro Medium-Term Note de Bank of America. Tras el reembolso, Bank of America solicitará la cancelación de la cotización de las Notas en la Lista Oficial de la Autoridad de Conducta Financiera y su negociación en el mercado regulado de la Bolsa de Valores de Londres.
Bank of America atiende aproximadamente a 69 millones de clientes de consumo y pequeñas empresas en Estados Unidos, con alrededor de 3,800 centros financieros minoristas y 15,000 cajeros automáticos. La empresa es un líder global en gestión de patrimonios, banca corporativa e inversión, y en trading en diversas clases de activos.
뱅크 오브 아메리카 (NYSE: BAC)는 2025년 8월 24일 만기되는 €15억의 변동금리 고급 채권을 상환할 것이라고 발표했습니다. 상환은 2024년 8월 24일에 이루어지며, 원래 날짜가 비즈니스 일자가 아니기 때문에 2024년 8월 27일에 지급됩니다. 상환 가격은 €1,000당 €1,000 계산 금액에 해당하며, 미지급 이자가 더해집니다.
이 채권은 뱅크 오브 아메리카의 €650억 유로 중기 채권 프로그램에 따라 발행되었습니다. 상환 후, 뱅크 오브 아메리카는 채권의 금융행위 감독청의 공식 목록에서의 상장 취소를 요청하고, 런던 증권 거래소의 규제 시장에서의 거래도 중단할 것입니다.
뱅크 오브 아메리카는 미국에서 약 6,900만 소비자 및 소상공인 고객에게 서비스를 제공하며, 약 3,800개의 소매 금융 센터와 15,000개의 ATM을 운영하고 있습니다. 이 회사는 자산 관리, 기업 및 투자 은행 업무, 다양한 자산 클래스에서의 거래에서 글로벌 리더입니다.
Bank of America (NYSE: BAC) a annoncé le remboursement de 1,5 milliard € d'Obligations Senior à Taux Flottant arrivant à échéance le 24 août 2025. Le remboursement aura lieu le 24 août 2024, avec paiement le 27 août 2024, en raison du fait que la date d'origine tombe un jour non ouvré. Le prix de remboursement sera de 1 000 € pour un montant de calcul de 1 000 €, plus les intérêts courus et non payés.
Les Obligations ont été émises dans le cadre du programme Euro Medium-Term Note de 65 milliards € de Bank of America. Suite au remboursement, Bank of America demandera l'annulation de la cotation des Obligations sur la liste officielle de l'Autorité de Conduite Financière et leur négociation sur le marché réglementé de la Bourse de Londres.
Bank of America sert environ 69 millions de clients consommateurs et petites entreprises aux États-Unis, avec environ 3 800 centres financiers de détail et 15 000 distributeurs automatiques. L'entreprise est un leader mondial dans la gestion de patrimoine, la banque d'affaires et d'investissement, et le trading à travers diverses classes d'actifs.
Die Bank of America (NYSE: BAC) hat die Rückzahlung von 1,5 Milliarden € an variabel verzinslichen Senior Notes, die am 24. August 2025 fällig werden, angekündigt. Die Rückzahlung erfolgt am 24. August 2024, die Zahlung erfolgt am 27. August 2024, da das ursprüngliche Datum auf einen Feiertag fällt. Der Rückzahlungsbetrag beträgt 1.000 € pro 1.000 € Berechnungsbetrag, zuzüglich aufgelaufener und nicht gezahlter Zinsen.
Die Anleihen wurden im Rahmen des 65 Milliarden € Euro-Medium-Term-Note-Programms von Bank of America ausgegeben. Nach der Rückzahlung wird die Bank of America die Stornierung der Notierung der Anleihen auf der offiziellen Liste der Finanzaufsichtsbehörde und den Handel auf dem regulierten Markt der Londoner Börse beantragen.
Die Bank of America bedient etwa 69 Millionen Verbraucher und kleine Geschäftskunden in den Vereinigten Staaten, mit etwa 3.800 Filialen und 15.000 Geldautomaten. Das Unternehmen ist ein globaler Marktführer in der Vermögensverwaltung, Unternehmens- und Investmentbanking sowie im Handel mit verschiedenen Anlageklassen.
- None.
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The Notes were issued under the Bank of America Corporation U.S.
Payment of the redemption price for the Notes will be made in accordance with the applicable procedures of Euroclear Bank SA/NV and Clearstream Banking, S.A.
Citibank, N.A.,
Bank of America Corporation will request the Financial Conduct Authority (the "FCA") to cancel the listing of the Notes on the Official List of the FCA and the London Stock Exchange (the "Exchange") to cancel the admission to trading on the regulated market of the Exchange as soon as practicable after the redemption date.
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.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
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 total amount of Floating Rate Senior Notes being redeemed by Bank of America (BAC)?
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Under which program were the Floating Rate Senior Notes issued by Bank of America (BAC)?
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