Bank of America (BAC) launches $50M 4.50% callable notes due 2031

NodeGuardian · 2026-03-25T03:21:48+00:00

Bank of America Corporation has issued $50 million in Fixed Rate Callable Notes with a 4.50% semi-annual interest rate, callable starting March 2027. The offering price was 100%, netting $49.75 million before expenses.

NodeGuardian

2026-03-25 03:21:48

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Bank of America Corporation (BAC) has launched a primary offering of $50 million in Fixed Rate Callable Notes due March 20, 2031. These senior unsecured notes will pay a fixed interest rate of 4.50% semi-annually, commencing September 20, 2026, and are callable by BAC on each March 20 and September 20 starting March 20, 2027. The offering price was 100.00% with an underwriting discount of 0.50%, generating proceeds of $49,750,000 for Bank of America before expenses.

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