Bank of America Announces Full Redemption of Its Series MM Preferred Stock and Related Depositary Shares
December 27, 2024
December 27, 2024
CHARLOTTE, North Carolina, Dec. 27 -- Bank of America, a financial institution, issued the following news release on Dec. 26, 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 MM (CUSIP No. 060505FR0), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of the Pre . . .
Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM (CUSIP No. 060505FR0), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of the Pre . . .