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Bank of America to redeem €1.5B senior notes on May 4, 2026, ending interest accrual.

Company Fundamentals
16 Apr 2026
PRNewsWire
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Neutral
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Bank of America announced it will redeem all €1.5 billion of its 1.776% Fixed/Floating Rate Senior Notes due May 4, 2027, on May 4, 2026. The redemption price will be €1,000 per €1,000 principal plus accrued interest, with payment on May 5, 2026, since May 4 is not a business day. Interest on the notes will stop accruing on the redemption date, and the company will request to cancel the notes' listing on the London Stock Exchange shortly after redemption. This move affects investors holding these notes and signals Bank of America's management of its debt obligations.

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