Bank of America Corp 6.45 % Notes 2018-15.12.66 Income Capital Obligations Logo

Bank of America Corp 6.45 % Notes 2018-15.12.66 Income Capital Obligations

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Bank of America Corp 6.45 % Notes 2018-15.12.66 Income Capital Obligations

About Bank of America Corp 6.45 % Notes 2018-15.12.66 Income Capital Obligations

Represents Income Capital Obligation Notes originally issued by Merrill Lynch & Co., Inc. and now an obligation of Bank of America Corporation following its acquisition of Merrill Lynch. In October 2018, the outstanding trust preferred securities of Merrill Lynch Capital Trust I were exchanged for these underlying notes. The notes pay interest at a fixed rate of 6.45% per annum and have a maturity date of December 15, 2066.
Headquarters Charlotte, NC, US