This announcement contains inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014, and as the same has been retained in UK
law as amended by the Market Abuse (Amendment (EU Exit) Regulations
(SI 2019/310).
Notice of Redemption and Cancellation of
Listing
Bank of America Corporation ("Bank of America"
or the "Issuer")
The Issuer has today given notice to the holders of
the €1,500,000,000 Floating Rate Senior Notes, due August 24, 2025
(ISIN: XS2345784057; Common Code: 234578405) (the "Notes") issued under its
U.S.$65,000,000,000 Euro Medium-Term Note Program that in
accordance with Condition 6(c) of the Terms and Conditions of the
Notes and paragraph 22 of the Final Terms dated May 20, 2021 in
respect of the Notes (the "Final
Terms") it will redeem all of the outstanding Notes on
August 24, 2024 (the "Redemption
Date").
The redemption price for the Notes will be equal to
the Optional Redemption Amount of €1,000 per
€1,000 Calculation Amount (as specified in the Final
Terms) plus accrued and unpaid interest to, but excluding, the
Redemption Date (the "Redemption
Price"). As the Redemption Date is not a business day, the
Redemption Price will be paid on August 27, 2024, which is the
business day that is next succeeding the Redemption Date, with the
same force and effect as if such amount were paid on the Redemption
Date, and no interest will accrue on the amount so payable for the
period from the Redemption Date to such next succeeding business
day.
Bank of America will request the Financial Conduct
Authority (the "FCA") to
cancel the listing of the Notes on the Official List of the FCA and
the London Stock Exchange (the "Exchange") to cancel the admission to
trading on the regulated market of the Exchange as soon as
practicable after the Redemption Date.
To view the notice, paste the following URL into the
address bar of your browser:
http://www.rns-pdf.londonstockexchange.com/rns/8128A_1-2024-8-16.pdf
A copy of the notice has been submitted to the
National Storage Mechanism and will shortly be available for
inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information please contact:
Lee McEntire, Bank of America, +1 980 388 6780
lee.mcentire@bofa.com
or
Jonathan G. Blum, Bank of America (Fixed Income), +1
212 449 3112
jonathan.blum@bofa.com
Forward-looking
statements
Certain information contained in this notice 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 difficult to predict
or beyond our control. You should not place undue reliance on any
forward-looking statement and should consider the uncertainties and
risks discussed under Item 1A. "Risk Factors" in the Issuer's
Annual Report on Form 10-K for the year ended December 31, 2023,
and in any of the Issuer's subsequent Securities and Exchange
Commission filings. Forward-looking statements speak only as
of the date they are made, and the Issuer undertakes no obligation
to update any forward-looking statement to reflect the impact of
circumstances or events that arise after the date the
forward-looking statement was made.
DISCLAIMER -
INTENDED ADDRESSEES
Please note that the information contained in
the notice may be addressed to and/or targeted at persons who are
residents of particular countries only and is not intended for use
and should not be relied upon by any person outside these countries
and/or to whom the offer contained in the notice is not
addressed. Prior to relying on the information contained in
the notice, you must ascertain from the Base Prospectus whether or
not you are part of the intended addressees of the information
contained therein.
Your right to access this service is conditional
upon complying with the above requirements.