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Bank of America to Redeem $3.5 Billion of Outstanding Debt

, MT Newswires - 4:39 PM ET 3/25/2025 Company News

04:39 PM EDT, 03/25/2025 (MT Newswires) -- Bank of America ( BAC ) said Tuesday it will redeem $3.5 billion of outstanding debt on April 2.

The bank will redeem $500 million floating rate senior notes due April 2026 and $3 billion 3.384% fixed-to-floating rate senior notes due April 2026, for 100% of the principal amount, plus accrued and unpaid interest.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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Bank of America to Redeem $3.5 Billion of Outstanding Debt

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