Bond America Bank Corporation 6.5% ( US060505EL47 ) in USD

Issuer	America Bank Corporation
Market price	99.984 % ▼
Country	United States
ISIN code	US060505EL47 ( in USD )
Interest rate	6.5% per year ( payment 2 times a year)
Maturity	Perpetual
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Minimal amount	1 000 USD
Total amount	1 400 000 000 USD
Cusip	060505EL4
Standard & Poor's ( S&P ) rating	BBB- ( Lower medium grade - Investment-grade )
Next Coupon	01/07/2025 ( In 12 days )
Detailed description	Bank of America Corporation is a multinational financial services corporation headquartered in Charlotte, North Carolina, offering a wide range of financial products and services to individuals, small businesses, and large corporations worldwide. Bank of America Corporation issued a perpetual USD 1,400,000,000 bond (CUSIP: 060505EL4, ISIN: US060505EL47) currently trading at 99.984%, offering a 6.5% coupon with semi-annual payments and a minimum purchase size of 1000, rated BBB- by Standard & Poor's.