Bank of America to redeem $2 billion of senior notes Sept. 15

  • Bank of America Corporation will redeem two outstanding senior-note series.
  • The notes total $2 billion and will be redeemed September 15, 2026.
  • Interest will stop accruing on the redemption date, with payment processed through DTC.

Bank of America Corporation said it will redeem on September 15, 2026, all outstanding principal of two senior-note series due in September 2027: $500 million of Floating Rate Senior Notes and $1.5 billion of 5.933% Fixed/Floating Rate Senior Notes. The redemption price for each series will equal 100% of principal plus accrued and unpaid interest through, but excluding, the redemption date, after which interest will stop accruing. Payments will be made through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. serving as trustee and paying agent. The release also outlines Bank of America’s global banking operations and includes its forward-looking-statement warning and investor and media contacts.

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