Pricing Supplement (To Prospectus dated December 30, 2022 and Series P MTN Prospectus Supplement dated December 30, 2022) February 20, 2024 Bank of America Filed Pursuant to Ru Registration No. $80,000,000 Fixed Rate Callable Notes, due February 22, 2039 The notes are senior unsecured debt securities issued by Bank of America Corporation ("BAC"). All payments and the return of the principal amount on the notes are subject to our credit risk. The notes priced on February 20, 2024. The notes will mature on February 22, 2039. At maturity, if the notes have not been previously redeemed, you will receive a cash payment equal to 100% of the principal amount of the notes, plus any accrued and unpai Interest will be paid on February 22 and August 22 of each year, commencing on August 22, 2024, with the final interest payment date occurring on the maturity date. The notes will accrue interest at the fixed rate of 5.50% per annum. We have the right to redeem all, but not less than all, of the notes on February 22, 2027, and on each subsequent Call Date (as defined on page PS-2). The redemption price will be 100% of the principal amount of the notes, plus any accrued and unpaid interes The notes are issued in minimum denominations of $1,000 and whole multiples of $1,000 in excess of $1,000. The notes will not be listed on any securities exchange. The CUSIP number for the notes is 06055JDK2. Potential purchasers of the notes should consider the information in "Risk Factors" beginning on page PS-4 of this pricing supplement, page S-6 of the attached prospectus supplement, and page 7 of the attached prospectus.
Pricing Supplement (To Prospectus dated December 30, 2022 and Series P MTN Prospectus Supplement dated December 30, 2022) February 20, 2024 Bank of America Filed Pursuant to Ru Registration No. $80,000,000 Fixed Rate Callable Notes, due February 22, 2039 The notes are senior unsecured debt securities issued by Bank of America Corporation ("BAC"). All payments and the return of the principal amount on the notes are subject to our credit risk. The notes priced on February 20, 2024. The notes will mature on February 22, 2039. At maturity, if the notes have not been previously redeemed, you will receive a cash payment equal to 100% of the principal amount of the notes, plus any accrued and unpai Interest will be paid on February 22 and August 22 of each year, commencing on August 22, 2024, with the final interest payment date occurring on the maturity date. The notes will accrue interest at the fixed rate of 5.50% per annum. We have the right to redeem all, but not less than all, of the notes on February 22, 2027, and on each subsequent Call Date (as defined on page PS-2). The redemption price will be 100% of the principal amount of the notes, plus any accrued and unpaid interes The notes are issued in minimum denominations of $1,000 and whole multiples of $1,000 in excess of $1,000. The notes will not be listed on any securities exchange. The CUSIP number for the notes is 06055JDK2. Potential purchasers of the notes should consider the information in "Risk Factors" beginning on page PS-4 of this pricing supplement, page S-6 of the attached prospectus supplement, and page 7 of the attached prospectus.
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter7: Financial Activities
Section: Chapter Questions
Problem 5QE
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Question
How many bonds are being sold to cover the $80,000,000 capital needed? (the par
Transcribed Image Text:Pricing Supplement
(To Prospectus dated December 30, 2022
and Series P MTN Prospectus Supplement dated December 30, 2022)
February 20, 2024
Bank of America
Filed Pursuant to Ru
Registration No.
$80,000,000
Fixed Rate Callable Notes, due February 22, 2039
The notes are senior unsecured debt securities issued by Bank of America Corporation ("BAC"). All payments and the return of the principal amount on the notes are subject to our credit risk.
The notes priced on February 20, 2024. The notes will mature on February 22, 2039. At maturity, if the notes have not been previously redeemed, you will receive a cash payment equal to 100% of the principal amount of the notes, plus any accrued and unpai
Interest will be paid on February 22 and August 22 of each year, commencing on August 22, 2024, with the final interest payment date occurring on the maturity date.
The notes will accrue interest at the fixed rate of 5.50% per annum.
We have the right to redeem all, but not less than all, of the notes on February 22, 2027, and on each subsequent Call Date (as defined on page PS-2). The redemption price will be 100% of the principal amount of the notes, plus any accrued and unpaid interes
The notes are issued in minimum denominations of $1,000 and whole multiples of $1,000 in excess of $1,000.
The notes will not be listed on any securities exchange.
The CUSIP number for the notes is 06055JDK2.
Potential purchasers of the notes should consider the information in "Risk Factors" beginning on page PS-4 of this pricing supplement, page S-6 of the attached prospectus supplement, and page 7 of the attached prospectus.
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