Published on 8/21/2007 in the Prospect News Investment Grade Daily.
New Issue: Bank of America prices $1.5 billion in 6% 10-year notes at 99.775
By Andrea Heisinger
Omaha, Aug. 21 - Bank of America Corp. priced $1.5 billion in 6% 10-year senior notes at 99.775.
The notes (Aa1/AA) are non-redeemable.
The sole manager was Banc of America Securities LLC.
Issuer: | Bank of America Corp.
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Face amount: | $1.5 billion
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Maturity: | Sept. 1, 2017
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Security description: | Senior notes
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Lead manager: | Banc of America Securities LLC
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Coupon: | 6%
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Price: | 99.775
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Call: | Non-callable
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Trade date: | Aug. 20
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Settlement date: | Aug. 23
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Ratings: | Moody's: Aa1
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| Standard & Poor's: AA
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