New Issue-Bank of America sells $3 bln 5-yr non-TLGP notes

Fri May 8, 2009 10:29pm BST
[-] Text [+]
 May 8 (Reuters) - Bank of America Corp (BAC.N: Quote, Profile, Research) on Friday
sold $3.0 billion in five-year non-guaranteed global notes,
said IFR, a Thomson Reuters service.
 Bank of America was the sole bookrunning manager for the
sale.
BORROWER: BANK OF AMERICA CORPORATION
AMT $3.0 BLN        COUPON 7.375 PCT    MATURITY 5/15/2014 
TYPE GLOBAL NOTES   ISS PRICE 99.445    FIRST PAY 11/15/2009
MOODY'S A2          YIELD 7.51 PCT      SETTLEMENT 5/13/2009
S&P SINGLE-A        SPREAD 537.5 BPS    PAY FREQ SEMI-ANNUAL
FITCH A-PLUS         MORE THAN TREAS    NON-CALLABLE       

 
 
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