share_log

424B2: Prospectus

SEC announcement ·  May 18 04:19
Summary by Futu AI
Bank of America Corporation (BAC) has announced the preliminary pricing supplement for its Fixed Rate Callable Notes, due May 30, 2029. The notes, which are senior unsecured debt securities, are set to price on May 28, 2024, and will mature on May 30, 2029. They will accrue interest at a fixed rate of 5.65% per annum, with interest payments made semi-annually starting November 30, 2024. BAC retains the right to redeem all notes on November 30, 2024, and on each subsequent Call Date, at 100% of the principal amount plus any accrued and unpaid interest. The notes, with a CUSIP number of 06055JER6, will be issued in minimum denominations of $1,000 and will not be listed on any securities exchange. The offering is not FDIC insured, not bank guaranteed, and may lose value...Show More
Bank of America Corporation (BAC) has announced the preliminary pricing supplement for its Fixed Rate Callable Notes, due May 30, 2029. The notes, which are senior unsecured debt securities, are set to price on May 28, 2024, and will mature on May 30, 2029. They will accrue interest at a fixed rate of 5.65% per annum, with interest payments made semi-annually starting November 30, 2024. BAC retains the right to redeem all notes on November 30, 2024, and on each subsequent Call Date, at 100% of the principal amount plus any accrued and unpaid interest. The notes, with a CUSIP number of 06055JER6, will be issued in minimum denominations of $1,000 and will not be listed on any securities exchange. The offering is not FDIC insured, not bank guaranteed, and may lose value. The notes are not guaranteed by Bank of America, N.A. or any other bank, and are not insured by any governmental agency, carrying investment risks. The pricing supplement, along with the prospectus and prospectus supplement, details the risks, terms, and conditions of the notes. The notes will be delivered in book-entry form through The Depository Trust Company on or about May 30, 2024, against payment in immediately available funds.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.