Bank of America · BAC Daily Market Briefing

Neutral

Bank of America launches new 5.75% and 5.65% senior unsecured fixed-rate bonds.

In the past 24 hours, Bank of America has issued two new senior unsecured fixed-rate bonds: 5.75% notes due 2046 and 5.65% notes due 2038. This move aims to secure long-term funding and reflects the bank's ongoing efforts to manage its capital structure effectively.

Key points

  • Bank of America issues 5.75% and 5.65% senior unsecured fixed-rate bonds.

Sources

AI-generated from public news sources. Not financial advice.

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