Bank of America to Redeem €1.5 Billion in Senior Notes on May 4, 2026
Bank of America has announced plans to redeem all outstanding €1.5 billion principal amount of its 1.776% Fixed/Floating Rate Senior Notes. The redemption will take place at par plus accrued interest, one year ahead of the notes' maturity date.
seekingalpha.com776% Fixed/Floating Rate Senior Notes on May 4, 2026. The redemption will occur at par plus accrued interest. 776%, are due on May 4, 2027. This early redemption will take place one year prior to their maturity date.
U.S. $65 billion Euro Medium-Term Note program. This program allows the bank to issue debt securities in various currencies to meet its funding needs.
Story Timeline
1 event- 2026-04-16
Bank of America announces redemption of €1.5 billion in senior notes.
1 sourceseekingalpha.com
Potential Impact
- 01
Investors holding the notes will receive their principal and accrued interest sooner than expected.
- 02
The early redemption may affect Bank of America's liquidity management.
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