Bank of America to Redeem 0.523% Senior Notes Due June 2024

Bank of America Corporation made an announcement today stating their intent to redeem all ,500,000,000 principal amount outstanding of its 0.523% Fixed/Floating Rate Senior Notes due in June 2024. The redemption will take place on May 14, 2024, at a redemption price equivalent to 100% of the principal amount of the Notes, in addition to accrued and unpaid interest up to but not including the redemption date. Following the redemption date, interest on the Notes will no longer accrue.

The redemption price for the Notes will be facilitated through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as the trustee and paying agent for the Notes.

Bank of America is a distinguished financial institution that caters to individual consumers, small and middle-market businesses, and large corporations. Their services span from banking to investing, asset management, and various financial and risk management products. The company provides unparalleled convenience in the United States, serving an approximate 69 million consumer and small business clients through 3,800 retail financial centers, 15,000 ATMs, and award-winning digital banking facilities with around 57 million verified digital users. Furthermore, Bank of America excels in wealth management, corporate and investment banking, and trading across various asset classes globally.

In light of this news release, it is important to note that certain information may constitute forward-looking statements. These statements do not guarantee future results and involve inherent risks and uncertainties. It is advisable not to overly rely on forward-looking statements and to consider the uncertainties and risks discussed in their Annual Report on Form 10-K and subsequent Securities and Exchange Commission filings.

For more Bank of America updates, including dividend announcements and vital information, interested individuals can visit the Bank of America newsroom and register for news email alerts.

Investors looking to get in touch with Bank of America can contact Lee McEntire at 1.980.388.6780 or via email at For fixed-income related inquiries, Jonathan G. Blum can be reached at 1.212.449.3112 or Reporters seeking information from Bank of America can reach out to Bill Halldin at 1.916.724.0093 or email

In conclusion, Bank of America Corporation is taking significant steps in redeeming its Fixed/Floating Rate Senior Notes, underscoring its commitment to efficient financial management.

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