Bank Of America Announces Purchase Price And Results To Date Of Pending Cash Tender Offers For 2014 Senior Notes

Bank of America Corporation and its wholly-owned subsidiaries, Merrill Lynch & Co., Inc. and BAC Canada Finance Company (together, the “Offerors”), today announced the purchase prices and certain results to date relating to their previously announced offers to purchase for cash (the “Offers”) 13 series of their respective senior notes that have maturities in 2014 and are listed in the tables below (the “Notes”).

Pursuant to the terms of the Offers, the purchase prices for each series of Notes with a fixed rate of interest (“Fixed Rate Notes”) were determined as of Wednesday, July 31, 2013, at 2:00 p.m., London time (for Notes denominated in euros) or 2:00 p.m., New York City time (for Notes denominated in U.S. dollars or Canadian dollars). The purchase prices for the Fixed Rate Notes, which are listed in the tables below, were determined by reference to the applicable fixed spread for each series, plus the yield of the applicable reference benchmark for such series (based on the bid-side price of such reference benchmark, as quoted on the applicable Bloomberg page). The purchase prices for each series of Notes with a floating rate of interest, which are also listed in the tables below, were announced at the commencement of the Offers.

Any and All Offer

Bank of America had offered, upon the terms and conditions described below (the “Any and All Offer”), to purchase any and all of the two series of Notes listed in the first table below (the “Any and All Notes”):
Title of Notes   Issuer  

CUSIP Number/ ISIN
 

Reference Benchmark
 

Bloomberg Reference Page
 

Reference Yield
 

Fixed Spread
 

Purchase Price 1

Floating RateSenior Notes, dueFebruary 5, 2014
BofA XS0285100391 N/A N/A N/A N/A 1,002.11
 

5.125% FixedRate Senior Notesdue September26, 2014
BofA XS0323119973

4 ¼% DBRdue 7/4/2014
FIT GE0-1 0.071% 0 bps 1,057.69

_______________

1 Per EUR1,000.

If you liked this article you might like

How to Get Rich Using Warren Buffett's Favorite Stock Market Indicators

How to Make Your Life Successful Just Like Billionaire Warren Buffett

With the Fed, It's Different This Time

How to Live Just Like Billionaire Warren Buffett

Why Hurricanes Won't Force the Fed to Ditch a December Rate Hike