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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bank of America Corporation | NYSE:BAC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.28 | 0.75% | 37.53 | 37.775 | 37.36 | 37.66 | 9,928,930 | 17:09:35 |
From May 2019 to May 2024
By Dave Sebastian
Bank of America Corp. said it has issued a $2 billion sustainability bond with a focus on racial equality, economic opportunity and the environment.
The bank said part of the bond's proceeds will go toward supporting financial-empowerment efforts for Black and Hispanic-Latino communities.
Bank of America said the bond is its eighth ESG bond, bringing total issuance to $9.85 billion. The five-year bond is callable in four years and will pay semi-annual interest at a fixed rate of 0.981% for the first four years, and quarterly at a floating rate after that, it said.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
September 25, 2020 11:18 ET (15:18 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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