Bank of America announced it will redeem all CAD 400 million in outstanding Floating Rate Senior Notes due March 2026 on March 16, 2025. The redemption price will be 100% of the principal amount plus accrued interest. Since March 16 is not a business day, payment will be made on March 17, 2025. Interest on the notes will cease to accrue after the redemption date. The Bank of New York Mellon Trust Company, N.A. is the trustee, and BNY Trust Company of Canada is the paying agent.
WS News
2025-03-08
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