Bank of America Announces Redemption of Notes
- Bank of America announces redemption of €1.5 billion Floating Rate Senior Notes.
- Redemption to take place on August 24, 2024.
- Transaction involves €1,500,000,000 principal amount outstanding of the Notes.
Bank of America Corporation has announced that the redemption price for its Notes will be paid on August 27, 2024, as August 24 falls on a non-business day. The payment will follow the established procedures of Euroclear Bank SA/NV and Clearstream Banking, S.A. Following the redemption, Bank of America will request the Financial Conduct Authority (FCA) to cancel the listing of the Notes on the Official List and to revoke their admission to trading on the London Stock Exchange. As a leading global financial institution, Bank of America serves a diverse clientele, including individual consumers, small and medium-sized businesses, and large corporations. The bank offers a comprehensive range of financial services, including banking, investing, asset management, and risk management products. With approximately 69 million consumer and small business clients, the bank operates around 3,800 retail financial centers and 15,000 ATMs across the United States, complemented by a robust digital banking platform that boasts around 58 million verified users. The announcement includes forward-looking statements that are subject to risks and uncertainties, which may affect future results and performance. These statements are not guarantees and reflect the company's position only as of the date they are made. Bank of America has no obligation to update these statements in light of new circumstances or events. For further updates, including dividend announcements, investors and reporters can contact Bank of America directly or visit their newsroom for the latest information.