Bank of America Announces Redemption of CHF 375 Million of 0.2525% Senior Notes, Due June 12, 2026
Bank of America (NYSE: BAC) has announced the redemption of CHF 375 million (Swiss Francs) of its 0.2525% Senior Notes, originally due June 12, 2026. The redemption will take place on June 12, 2025, with the redemption price set at CHF 5,000 per CHF 5,000 Calculation Amount, plus accrued and unpaid interest. The Notes were issued under BAC's U.S. $65 billion Euro Medium-Term Note Program.
The last trading day for these Notes on the SIX Swiss Exchange will be June 10, 2025. UBS AG, which succeeded Credit Suisse AG, will serve as the Principal Swiss Paying Agent for the Notes. The redemption payment will be processed through SIX SIS AG procedures.
Bank of America (NYSE: BAC) ha annunciato il rimborso di 375 milioni di franchi svizzeri (CHF) dei suoi Senior Notes allo 0,2525%, originariamente in scadenza il 12 giugno 2026. Il rimborso avverrà il 12 giugno 2025, con un prezzo di rimborso fissato a CHF 5.000 per ogni importo di calcolo di CHF 5.000, più gli interessi maturati e non pagati. Le obbligazioni sono state emesse nell'ambito del Programma Euro Medium-Term Note da 65 miliardi di dollari USA di BAC.
L'ultimo giorno di negoziazione di queste obbligazioni alla SIX Swiss Exchange sarà il 10 giugno 2025. UBS AG, che ha preso il posto di Credit Suisse AG, fungerà da Agente Principale di Pagamento svizzero per le obbligazioni. Il pagamento del rimborso sarà eseguito tramite le procedure di SIX SIS AG.
Bank of America (NYSE: BAC) ha anunciado el reembolso de 375 millones de francos suizos (CHF) de sus Notas Senior al 0,2525%, originalmente con vencimiento el 12 de junio de 2026. El reembolso se realizará el 12 de junio de 2025, con un precio de reembolso establecido en CHF 5,000 por cada monto de cálculo de CHF 5,000, más los intereses acumulados y no pagados. Las Notas fueron emitidas bajo el Programa Euro Medium-Term Note de 65 mil millones de dólares estadounidenses de BAC.
El último día de negociación de estas Notas en la SIX Swiss Exchange será el 10 de junio de 2025. UBS AG, que sucedió a Credit Suisse AG, actuará como el Agente Principal de Pago Suizo para las Notas. El pago del reembolso se procesará a través de los procedimientos de SIX SIS AG.
Bank of America (NYSE: BAC)는 원래 2026년 6월 12일 만기 예정이던 0.2525% 선순위 채권 중 3억 7,500만 스위스 프랑(CHF)을 상환한다고 발표했습니다. 상환은 2025년 6월 12일에 이루어지며, 상환 가격은 CHF 5,000당 CHF 5,000 계산 금액에 해당하는 금액과 미지급 이자가 포함됩니다. 이 채권은 BAC의 650억 달러 규모 유로 중기채권 프로그램 하에 발행되었습니다.
이 채권의 SIX 스위스 증권거래소 마지막 거래일은 2025년 6월 10일입니다. UBS AG는 Credit Suisse AG를 계승하여 이 채권의 스위스 주요 지급 대행사 역할을 수행합니다. 상환 지급은 SIX SIS AG 절차를 통해 처리됩니다.
Bank of America (NYSE : BAC) a annoncé le remboursement de 375 millions de francs suisses (CHF) de ses Senior Notes à 0,2525 %, initialement arrivant à échéance le 12 juin 2026. Le remboursement aura lieu le 12 juin 2025, avec un prix de remboursement fixé à 5 000 CHF par montant de calcul de 5 000 CHF, plus les intérêts courus et non payés. Les Notes ont été émises dans le cadre du programme Euro Medium-Term Note de 65 milliards de dollars US de BAC.
Le dernier jour de négociation de ces Notes à la SIX Swiss Exchange sera le 10 juin 2025. UBS AG, qui a succédé à Credit Suisse AG, agira en tant qu'agent principal payeur suisse pour les Notes. Le paiement du remboursement sera traité selon les procédures de SIX SIS AG.
Bank of America (NYSE: BAC) hat die Rückzahlung von 375 Millionen Schweizer Franken (CHF) ihrer 0,2525% Senior Notes angekündigt, die ursprünglich am 12. Juni 2026 fällig sind. Die Rückzahlung erfolgt am 12. Juni 2025 zum Rückzahlungspreis von CHF 5.000 pro CHF 5.000 Berechnungsbetrag zuzüglich aufgelaufener und unbezahlter Zinsen. Die Notes wurden im Rahmen des 65-Milliarden-US-Dollar-Euro-Medium-Term-Note-Programms von BAC ausgegeben.
Der letzte Handelstag für diese Notes an der SIX Swiss Exchange ist der 10. Juni 2025. Die UBS AG, die Credit Suisse AG nachfolgt, wird als Hauptzahlstelle in der Schweiz für die Notes fungieren. Die Rückzahlungszahlung wird über die Verfahren von SIX SIS AG abgewickelt.
- Early redemption of debt indicates strong financial position and liquidity
- Demonstrates active management of debt obligations and financial flexibility
- None.
The Notes were issued under the Bank of America Corporation
Payment of the redemption price for the Notes will be made in accordance with the applicable procedures of SIX SIS AG.
UBS AG, as successor to Credit Suisse AG, is the Principal Swiss Paying Agent for the Notes.
The last day of trading of the Notes on the SIX Swiss Exchange will be June 10, 2025.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
Forward-Looking Statements
Certain information contained in this news 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 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 our Annual Report on Form 10-K for the year ended December 31, 2024 and in any of our subsequent Securities and Exchange Commission filings. Forward-looking statements speak only as of the date they are made, and we undertake 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.
Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-announces-redemption-of-chf-375-million-of-0-2525-senior-notes-due-june-12--2026--302463325.html
SOURCE Bank of America Corporation
FAQ
What is the redemption amount for Bank of America's (BAC) Swiss Franc Notes?
When will Bank of America (BAC) redeem its Swiss Franc Senior Notes?
Who is the Principal Swiss Paying Agent for BAC's Senior Notes redemption?
What was the original maturity date of Bank of America's Swiss Franc Notes?
