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Bank of America calls $318.92 million 5.5%, 6.5% subordinated notes
By Ashley Montgomery
Kansas City, Kan., June 18 - Bank of America Corp. will redeem all of its 5.5% and 6.5% subordinated internotes, according to a news release.
The affected notes include $218,643,825 of 6.5% notes due Oct. 15, 2032 and $100,277,850 of 5.5% notes due July 15, 2033.
The notes will be redeemed July 15 at par plus accrued interest to the redemption date.
Bank of New York Mellon is the agent.
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