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Bank of America to redeem $2 billion in senior notes on Sept 15, 2026 at par value plus accrued interest

Company Fundamentals
04 Sep 2026
PRNewsWire
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Neutral
Bank of America to redeem $2 billion in senior notes on Sept 15, 2026 at par value plus accrued interest

Bank of America announced it will redeem all outstanding Floating Rate Senior Notes ($500 million) and Fixed/Floating Rate Senior Notes ($1.5 billion), both due September 2027, on September 15, 2026. The redemption price will be 100% of the principal plus accrued interest up to the redemption date, after which interest will stop accruing. This move allows Bank of America to manage its debt maturity profile and potentially reduce interest expenses. Payments will be processed through The Depository Trust Company with The Bank of New York Mellon Trust Company acting as trustee and paying agent.

More News (BAC)

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

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 in...

Company Fundamentals
Neutral
5 hours ago
BacTech launches Peru initiative to reprocess historic mine tailings using bioleaching for gold, silver, and copper recovery.

BacTech launches Peru initiative to reprocess historic mine tailings using bioleaching for gold, silver, and copper recovery.

BacTech Environmental has initiated a project in Peru through its subsidiary BacTech Verde Peru S.A.C. to explore reprocessing historic mine tailings using its bioleaching technology, aiming to recover gold, silver, and copper. The company is reviewi...

Market News
Neutral
1 day ago
Nvidia stock may rally to $235, nearing its previous all-time high amid strong AI demand.

Nvidia stock may rally to $235, nearing its previous all-time high amid strong AI demand.

Nvidia's stock has risen nearly 6% in the past month due to strong demand in the AI sector. Analyst Aksel Kibar predicts a rally to $235, close to Nvidia's previous all-time high, based on technical patterns and support from the 200-day moving averag...

Analyst Insights
Bullish
1 day ago
Goldman Sachs highlights 4 dividend-paying financial stocks favored by hedge and mutual funds.

Goldman Sachs highlights 4 dividend-paying financial stocks favored by hedge and mutual funds.

Goldman Sachs analyzed $10 trillion in equity holdings and found that both hedge funds and mutual funds share strong interest in four large-cap dividend-paying financial stocks: Bank of America, Capital One Financial, Mastercard, and Visa. These comp...

Market News
Bullish
2 days ago
Bank of America offers business credit cards with up to $2,200 yearly cash back and no annual fee.

Bank of America offers business credit cards with up to $2,200 yearly cash back and no annual fee.

Bank of America Business Advantage Customized Cash Rewards Mastercard offers up to $2,200 annual cash back on $10,000 monthly spending with no annual fee. It provides 3% cash back in a chosen category, 2% on dining, and 1% on other purchases, with a ...

Others
Bullish
2 days ago
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