Bank of America Corporation (BAC) has issued $50,000,000 in Fixed Rate Callable Notes, due May 17, 2027, as detailed in a pricing supplement to its prospectus dated December 30, 2022. The notes, which are senior unsecured debt securities, priced on May 15, 2024, and will mature on May 17, 2027, unless redeemed earlier. Interest on these notes is payable semi-annually at a rate of 5.65% per annum, with the first payment commencing on November 17, 2024. BAC retains the right to redeem all the notes on November 17, 2024, and on each subsequent Call Date, at 100% of the principal amount plus any accrued interest. The notes, which are not FDIC insured or bank guaranteed, may lose value and are not listed on any securities exchange. The CUSIP number for the notes is 06055JEP0, and...Show More

Bank of America Corporation (BAC) has issued $50,000,000 in Fixed Rate Callable Notes, due May 17, 2027, as detailed in a pricing supplement to its prospectus dated December 30, 2022. The notes, which are senior unsecured debt securities, priced on May 15, 2024, and will mature on May 17, 2027, unless redeemed earlier. Interest on these notes is payable semi-annually at a rate of 5.65% per annum, with the first payment commencing on November 17, 2024. BAC retains the right to redeem all the notes on November 17, 2024, and on each subsequent Call Date, at 100% of the principal amount plus any accrued interest. The notes, which are not FDIC insured or bank guaranteed, may lose value and are not listed on any securities exchange. The CUSIP number for the notes is 06055JEP0, and they are issued in minimum denominations of $1,000. The offering includes an underwriting discount of 0.22%, resulting in proceeds of $49,890,000 to BAC before expenses. The notes are subject to credit risk and are not guaranteed by Bank of America, N.A. or any other bank, nor insured by any governmental agency. The notes will be delivered in book-entry form through The Depository Trust Company against payment in immediately available funds on May 17, 2024.