 |
|
Home | Bank of America Corp (NYSE: BAC) Sold EU 130 Million in Structured Notes |
 |
Bank of America Corp (NYSE: BAC) Sold EU 130 Million in Structured Notes
|
 |
- September 27, 2010
-
Bank of America Corp (NYSE: BAC) sold 130 million euros, or about $173 million, worth of 2-year fixed-to-floating rate structured notes, according to a report from Bloomberg Businessweek. The securities, known as “switch notes”, pay a fixed coupon rate of 5.1% for the first three years, after which investors receive payments equivalent to the 10-year [...]This article (Bank of America Corp (NYSE: BAC) Sold EU 130 Million in Structured Notes) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
- Read more at:http://feedproxy.google.com/~r/AmericanBankingNews/~3/KCqVLVqlDWM/
|
 |
|
 |
|
 |
