BAC Capital Trust VIII, 6% Capital Securities

By: ,

 

S&P Rating   BB+   Moodys Rating   Ba2

Security Ticker Symbol   BAC-Z

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Market Traded ON   NYSE

Interest Payment Paid on the 25th of February, May, August and November beginning on 11/25/2005

Quarterly Interest   .375   Annual Interest   1.50

Securities may be redeemed, at the issuers option, as early as 08/25/2010 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will NOT be a Qualified Distributions — Payment is treated as interest not a dividend.

Maturity Date   08/25/2035

 

Company Investor Relations Page for Bank of America

Below you can find the offering Prospectus and Final Pricing Document

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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