Bank of America 6.625% Non Cumulative Preferred Stock
By: Tim McPartland,
Date Issued 9/2/2014
Shares Issued 40,000,000 Over Allotment Shares 6.000,000
S&P Rating BB+ Moodys Rating Ba3
Advertisement.
Security Ticker Symbol BAC-W OTC Temp Ticker BMMPP
Market Traded ON NYSE
Dividend Payment Paid on the 9th of March, June, September and December beginning on 12/09/2014
Quarterly Dividend .414 Annual Dividend 1.656
Securities may be redeemed, at the issuers option, as early as 9/09/2019 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Bank of America
Advertisement.
Below you can find the offering Prospectus and Final Pricing Document
Advertisement.
Connect with Tim McPartland