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Bank of America, 5.875% Subordinated InterNotes due 12/15/2033
Ticker Symbol: IKM* CUSIP: 060505609 Exchange: NYSE
* NOTE: This security is no longer trading as of 6/23/2012
Security has been Called for: Friday, June 15, 2012
May. 18, 2012-- Bank of America Corporation announced that it is calling for redemption in full on June 15, 2012 the remaining principal amount of $138,749,573 of its outstanding 5.875% Subordinated InterNotes® due December 15, 2033, CUSIP 060505609, NYSE Symbol IKM (the “Notes”). The Notes will be redeemed at a price equal to 100 percent of the principal amount of the Notes, plus unpaid interest accrued to June 15, 2012. From and after June 15, 2012, no interest will accrue on the Notes, and the only remaining right of holders of the Notes will be to receive the redemption price. -- Effective immediately, the 5.875% InterNotes due 12/15/2033 of Bank of America Corporation shall be dealt in as called issues (IKM CL). This issue will be called for redemption on June 15, 2012 at $25.00 per share plus any accrued dividends/distributions. All orders for uncalled stocks (IKM) are cancelled. 5/25/2012.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Bank of America Corp., 5.875% Subordinated Unsecured InterNotes, price to the public $25 per share, redeemable at the issuer's option on or after 12/15/2008 at $25 per share plus accrued and unpaid interest, maturing 12/15/2033, distributions of 5.875% ($1.46875) are paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the first day of the month in which the payment is due. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The InterNotes are direct unsecured subordinated obligations of the company and will rank equally with all existing and future unsecured and subordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (BAC)
IPO - 12/17/2003 - 6.30 Million Notes @ $25.00/note.
Link to IPO Prospectus
Market Value $158.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 100 North Tryon Street, Charlotte, NC 28255 |
| Main Phone Number |
704-386-5681 |
| Fax Number |
980-386-6699 |
| Investor Relations
Kevin Stitt
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980-386-5667
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| Toll Free Phone Number |
800-299-2265 |
| CEO - Brian T. Moynihan |
CFO - Charles H. Noski |
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