Bank of America Announces Full Redemption of Its Series JJ Preferred Stock and Series U Preferred Stock and Related Depositary Shares
May 17, 2024
May 17, 2024
CHARLOTTE, North Carolina, May 17 -- Bank of America, a financial institution, issued the following news release on May 16, 2024:
Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ (CUSIP No. 060505FN9), liquidation preference $25,000 per share (the "Series JJ Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of . . .
Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ (CUSIP No. 060505FN9), liquidation preference $25,000 per share (the "Series JJ Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of . . .