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Published on 2/9/2022 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

BofA to redeem all C$1 billion of 2.604% fixed-to-floaters due 2023

By William Gullotti

Buffalo, N.Y., Feb. 9 – Bank of America Corp. announced it will redeem all outstanding C$1 billion 2.604% fixed/floating-rate senior notes due March 2023 (Cusip: 060505EZ3), according to a press release on Wednesday.

The notes will be redeemed on March 15 at par plus accrued and unpaid interest to, but excluding, the redemption date.

Bank of New York Mellon Trust Co., NA is the trustee with BNY Trust Co. of Canada as the paying agent.

The financial services company is based in Charlotte, N.C.


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