BofA (BAC), Merrill Lynch Announce Enpiration, Results of $3.5B Notes Tender
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Bank of America (NYSE: BAC) and its wholly-owned subsidiary Merrill Lynch & Co., Inc., announced the expiration of their tender offer for certain subordinated notes for aggregate cash consideration of up to $3.5 billion or its equivalent in the currencies in which certain of the Notes are denominated.
As of the “Expiration Date” for the Offer, which was midnight, New York City time, on February 15, 2012, a total of approximately $3.652 billion or its equivalent in aggregate principal amount of the Notes had been tendered and not withdrawn. The aggregate purchase price of the Notes that had been tendered and not withdrawn was $3.410 billion or its equivalent (excluding accrued interest). Accordingly, all such tendered Notes will be accepted for purchase.
For the table, click here.
As of the “Expiration Date” for the Offer, which was midnight, New York City time, on February 15, 2012, a total of approximately $3.652 billion or its equivalent in aggregate principal amount of the Notes had been tendered and not withdrawn. The aggregate purchase price of the Notes that had been tendered and not withdrawn was $3.410 billion or its equivalent (excluding accrued interest). Accordingly, all such tendered Notes will be accepted for purchase.
For the table, click here.
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