Bank of America has announced that it will redeem all outstanding CAD 550 million principal amount of its 3.515% Fixed/Floating Rate Senior Notes due March 2026. The redemption will take place on March 24, 2025, at a price equal to 100% of the principal amount, plus accrued and unpaid interest up to but excluding the redemption date. Interest on the notes will cease to accrue after this date.

The redemption payments will be processed through CDS Clearing and Depository Services Inc., with The Bank of New York Mellon Trust Company, N.A. serving as the trustee and BNY Trust Company of Canada acting as the paying agent.