Bank of America Corporation 6.50% Non Cumulative Preferred Stock Series Y
By: Tim McPartland,
Date Issued 1/20/2015
Shares Sold 40,000,000 Overallotment Shares 4,000,000
S&P Rating BB Moodys Rating Ba3
Security Ticker Symbol BAC-Y Temporary OTC Ticker BKMRP
Market Traded ON NYSE
Dividend Payment Paid on the 27th of January, April, July and October starting on April 27, 2015
Quarterly Dividend .406 Annual Dividend 1.625
Securities may be redeemed, at the issuers option, as early as 01/27/2020 for a redemption price of $25/share plus accrued dividends (redemption date corrected from earlier incorrect year)
Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Bank of America
Below you can find the offering Prospectus and Final Pricing Document
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