Bank of America Announces Repayments of 3.124% of Senior Fixed / Floating Rate Bonds Due January 2023 and Senior Floating Rate Bonds Due January 2023


CHARLOTTE, North Carolina, January 4, 2022 / PRNewswire / – Bank of America Corporation announced today that it will acquire the January 20, 2022 all $ 1,500,000,000 principal outstanding of its senior bonds at a fixed / variable rate at 3.124%, due January 2023 (CUSIP No. 06051GGE3) (the “Fixed / Variable Rate Notes”), and all $ 750,000,000 the amount of the outstanding principal of its senior variable rate bonds, due January 2023 (CUSIP No. 06051GGH6) (the “Variable Rate Notes” and, together with the Fixed / Floating Rate Notes, the “Senior Notes”).

(PRNewsfoto / Bank of America Corporation)

The redemption price of each series of Senior Notes will be equal to 100% of the principal amount of that series, plus accrued and unpaid interest up to, but excluding, the redemption date of that series. January 20, 2022. Interest on each series of Senior Notes will cease to accrue on the Redemption Date.

Payment of the redemption price of the Senior Notes will be made through The Depository Trust Company. The Bank of New York Mellon Trust Company, NA is the trustee and paying agent for the Senior Notes.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individuals, small and medium businesses, and large corporations with a full range of banking, investing, asset management and financial products and services. other financial and risk management products and services. The company offers unparalleled convenience in United States, serving approximately 66 million personal and small business customers with approximately 4,200 retail financial centers, approximately 17,000 award-winning ATMs and digital banking services with approximately 41 million active users, including approximately 32 million mobile users. Bank of America is a global leader in wealth management, investment and investment banking, and trading across a broad range of asset classes, serving businesses, governments, institutions and individuals across the whole world. Bank of America provides industry-leading assistance to approximately 3 million small business households through a range of innovative and easy-to-use online products and services. The company serves its customers through operations through United States, its territories and around 35 countries. Bank of America Corporation (NYSE: BAC) shares are listed on the New York Stock Exchange.

Forward-looking statements

Certain information contained in this press 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 that are difficult to predict. or beyond our control. You should not place undue reliance on any forward-looking statement and should take into account the uncertainties and risks described in point 1A. “Risk Factors” in our Annual Report on Form 10-K for the Year Ended December 31, 2020, and in one of our subsequent filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update any forward-looking statement to reflect the impact of circumstances or events occurring after the date on which the statement prospective has been made.

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Investors can contact:

Lee mcentire, Bank of America
Telephone: 1.980.388.6780
[email protected]

Jonathan G. Blum, Bank of America (fixed income)
Telephone: 1.212.449.3112
[email protected]

Journalists can contact:

Jerry Dubrowski, Bank of America
Telephone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile)
jerome.f[email protected]

Christopher P. Feeney, Bank of America
Telephone: 1.980.386.6794
[email protected]



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SOURCE Bank of America Corporation

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