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Bank of America to Redeem CAD550M Senior Notes Early Full Principal Payment in March 2025

February 24, 2025
Bank of America Corporation (BAC) has announced its plan to redeem all outstanding CAD550 million senior notes in an early full principal payment. The redemption is scheduled to take place in March 2025. This move is part of the bank's ongoing efforts to optimize its capital structure and manage its debt effectively. Investors can take this news as a positive sign of the bank's commitment towards strengthening its financial position. For more insights and professional advice on the future movement of Bank of America's stock, it is recommended to consult experts at Stocks Prognosis.
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