BAC · News · 20261021N
Senior Notes Issuance
BANK OF AMERICA CORP /DE/ · 2026-10-21 · Importance 40 · Surprise 42 · In source text
Bank of America is issuing fixed-rate callable notes due November 9, 2029. The notes carry a 5.55% annual interest rate paid monthly and are senior unsecured obligations. Bank of America may redeem the notes early on or after November 9, 2027, exposing investors to credit and market-value risk.
Key facts
- Bank of America is issuing Fixed Rate Callable Notes due November 9, 2029. source
- The Fixed Rate Callable Notes being issued by Bank of America have a fixed interest rate of 5.55% per annum, paid monthly. source
- The notes are senior unsecured debt. source
- Bank of America's Fixed Rate Callable Notes are subject to early redemption by BAC on or after November 9, 2027. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | probable | — | Bank of America is issuing Fixed Rate Callable Notes due November 9, 2029. |
| cash | positive | probable | — | Bank of America is issuing Fixed Rate Callable Notes due November 9, 2029. |
| net_income | negative | probable | — | The Fixed Rate Callable Notes being issued by Bank of America have a fixed interest rate of 5.55% per annum, paid monthly. |