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REG - Bank of America Corp - Notice of Redemption and Cancellation of Listing

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RNS Number : 8101M  Bank of America Corporation  25 May 2022

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 €10,000,000 Fixed
Rate Step-Up Callable Notes, due June 2, 2027 (ISIN: XS1241550299; Common
Code: 124155029) (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 23 of the Final Terms dated June 2,
2015 in respect of the Notes (the "Final Terms") it will redeem all of the
outstanding Notes on June 2, 2022 (the "Redemption Date").

 

The redemption price for the Notes will be equal to the Optional Redemption
Amount of €100,000 per Note of €100,000 Specified Denomination (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 June 6, 2022,
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.

 

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
(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 (mailto:lee.mcentire@bofa.com)

 

or

 

Jonathan G. Blum, Bank of America (Fixed Income), 1.212.449.3112

jonathan.blum@bofa.com (mailto:jonathan.blum@bofa.com)

 

 

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 the Issuer's 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, 2021, and
in any of the Issuer's subsequent U.S. 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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

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