Bank of America to redeem C$1B of fixed/floating rate senior notes
Bank of America $Bank of America(BAC)$
The redemption price will equal 100% of the principal amount of the notes, plus accrued and unpaid interest to, but excluding, the redemption date.
Interest on the notes will stop accruing on April 24.
Earlier this month, Bank of America redeemed $4.5B of its outstanding senior notes.
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