Bank of America, N.A. to Redeem Significant Senior Bank Notes
Charlotte, NC – July 10, 2025 – Bank of America, N.A. announced today its intention to redeem two series of its outstanding senior bank notes. The company will redeem its $2,000,000,000 aggregate principal amount of 5.650% Senior Bank Notes, and its $400,000,000 aggregate principal amount of Floating Rate Senior Bank Notes, both of which are due in August 2025.
This proactive step by Bank of America, N.A. demonstrates a strategic approach to managing its balance sheet and capital structure. The redemption of these notes signifies a commitment to optimizing its financial obligations and may be indicative of the company’s assessment of current market conditions and its overall debt profile.
The specific redemption dates and further details concerning the process will be communicated to the holders of these notes in accordance with the terms of the respective note agreements. Investors holding these particular senior bank notes are encouraged to review the official notices from Bank of America, N.A. for precise information regarding the redemption process, including any applicable premium or accrued interest.
This announcement is a standard practice within the financial industry as institutions regularly evaluate and adjust their outstanding debt. Bank of America, N.A. continues to focus on its strategic objectives and maintaining a strong financial position.
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