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Bank of America to redeem CAD1.425 billion senior notes on Sept 15, 2026 at full principal plus interest

Company Fundamentals
04 Sep 2026
PRNewsWire
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Neutral
Bank of America to redeem CAD1.425 billion senior notes on Sept 15, 2026 at full principal plus interest

Bank of America announced it will redeem all outstanding CAD425 million Floating Rate Senior Notes and CAD1 billion Fixed/Floating Rate Senior Notes due September 2027 on September 15, 2026. The redemption will be at 100% of principal plus accrued interest, with interest ceasing on the redemption date. This move affects a total of CAD1.425 billion in notes and reflects the bank's management of its debt obligations. Payments will be handled through CDS Clearing and Depository Services Inc., with Bank of New York Mellon Trust Company as trustee and Computershare Advantage Trust Company as paying agent.

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