Bank of America Finalizes Terms for $2.75 Billion Senior Notes Tranche
BAC sits 65% above its 52-week low of $33.065.
Summary
Bank of America finalized the specific terms for a $2.75 billion tranche of senior notes, due 2032, as part of its recently announced $7.0 billion debt offering.
Key Events · Financing and Capital Events · BAC
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Finalizes $2.75 Billion Senior Notes Tranche
Bank of America set the final terms for $2.75 billion in 4.456% fixed/floating rate senior notes due February 2032.
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Part of Larger Debt Offering
This tranche is a component of the $7.0 billion senior notes offering previously disclosed on February 4, 2026.
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Fixed-to-Floating Rate Structure
The notes will pay a fixed interest rate of 4.456% until February 2031, then switch to a floating rate based on Compounded SOFR plus 87 basis points.
Analysis · BAC · Finance
This FWP finalizes the specific terms for a $2.75 billion tranche of senior notes, due February 2032, which is part of a larger $7.0 billion offering initiated on February 4, 2026. The notes feature a fixed-to-floating interest rate structure, starting at 4.456% fixed before transitioning to a floating rate based on Compounded SOFR. This capital raise is a routine financing activity for a large financial institution like Bank of America, aimed at managing its balance sheet and funding operations.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.5% of the 1993 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BAC was trading at $54.60 on NYSE in the Finance sector, with a market capitalization of approximately $397.6B. The 52-week trading range was $33.07 to $57.55. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.