Bank of America Announces Repayment of Senior Floating Rate Bonds, Due June 2022

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CHARLOTTE, North Carolina – (COMMERCIAL THREAD) – Bank of America Corporation announced today that it will repay on June 25, 2021 all of the outstanding principal of $ 850,000,000 of its senior floating rate bonds due June 2022 (CUSIP # 06051GHJ1 ) (the obligations “).

The redemption price of the Notes will be equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest up to, but excluding, the redemption date of June 25, 2021. Interest on the Notes will cease to accrue at the time. reimbursement. Dated.

Payment of the redemption price of the Notes will be made through The Depository Trust Company. The Bank of New York Mellon Trust Company, NA is the trustee and paying agent for the Notes.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individuals, small and medium businesses, and large corporations with a full range of banking, investing, asset management and financial products and services. other financial and risk management products and services. The company provides unparalleled convenience in the United States, serving approximately 66 million personal and small business customers with approximately 4,300 retail financial centers, including approximately 2,700 lending centers, 2,600 financial centers with a financial solutions advisor from investment for consumers and approximately 2,400 business centers; around 17,000 ATMs; and award-winning digital banking with approximately 40 million active users, including approximately 31 million mobile users. Bank of America is a global leader in wealth management, investment and investment banking, and trading across a broad range of asset classes, serving businesses, governments, institutions and individuals in the whole world. Bank of America provides industry-leading assistance to approximately 3 million small business households through a suite of innovative and easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation (NYSE: BAC) shares are listed on the New York Stock Exchange.

Forward-looking statements

Certain information contained in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions that are difficult to predict. or beyond our control. You should not place undue reliance on forward-looking statements and should take into account the uncertainties and risks described in section 1A. “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2020 and in one of our subsequent filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update any forward-looking statement to reflect the impact of circumstances or events occurring after the date on which the statement prospective has been made.

For more information on Bank of America, including dividend announcements and other important information, visit Bank of America Newsroom. Click on here to subscribe to email news alerts.

www.bankofamerica.com


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