Bank of America Finalizes $7 Billion Senior Notes Offering Across Three Tranches

summarizeSummary

Bank of America has finalized the terms for a $7.0 billion senior notes offering across three tranches, securing substantial capital for general corporate purposes.

check_boxKey Events

• Offering Finalized

  This filing details the final terms of a $7.0 billion senior notes offering, following prior announcements of finalized terms on 2026-02-04.

• Tranche Breakdown

  The offering includes $500 million in floating rate senior notes due 2032, $2.75 billion in fixed/floating rate senior notes due 2032, and $3.75 billion in fixed/floating rate senior notes due 2037.

• Standard Terms

  All notes are issued at 100% of their principal amount and rank equally with other unsecured and unsubordinated obligations.

• Purpose of Capital Raise

  The proceeds from the offering will be used for general corporate purposes, representing a routine capital management activity for the bank.

auto_awesomeAnalysis

This 424B5 filing details the final terms of Bank of America's $7.0 billion senior notes offering, which was previously announced as finalized on 2026-02-04. The offering consists of three tranches: $500 million in floating rate notes due 2032, $2.75 billion in fixed/floating rate notes due 2032, and $3.75 billion in fixed/floating rate notes due 2037. The notes are issued at 100% of their principal amount and rank equally with other unsecured and unsubordinated obligations. This capital raise is a significant, yet routine, financing activity for a major financial institution like Bank of America, aimed at managing its balance sheet and funding general corporate purposes.