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Bank of America to redeem $2 billion in senior notes on September 15, 2026.
Bank of America announced plans to redeem $2 billion in senior notes on September 15, 2026. This includes $500 million in floating rate senior notes and $1.5 billion in fixed/floating rate senior notes, both due in September 2027. The redemption price will be 100% of the principal amount, plus accrued and unpaid interest up to the redemption date. Payments will be processed through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as trustee and paying agent.
Key points
- Bank of America plans to redeem $2 billion in senior notes on September 15, 2026.
- The redemption includes $500 million in floating rate senior notes and $1.5 billion in fixed/floating rate senior notes, both due in September 2027.
- The redemption price will be 100% of the principal amount, plus accrued and unpaid interest up to the redemption date.
- Payments will be processed through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as trustee and paying agent.
Sources
AI-generated from public news sources. Not financial advice.
