Bank of America Corp. (BAC) will redeem $2 billion of its 4.827% Fixed/Floating Rate Senior Notes on July 22, 2025, at a redemption price of 100% of the principal amount plus accrued interest. The redemption date will mark the end of interest accrual on the Notes. Payment will be processed through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as the trustee and paying agent for the Notes. This move is part of Bank of America’s financial strategy and management of its outstanding debt obligations.

Read more at Nasdaq: Bank Of America To Redeem $2 Bln Fixed/Floating Rate Senior Notes Maturing In July 2026