Bank of America Corp 6.45 % Notes 2018-15.12.66 Income Capital Obligations logo

Bank of America Corp 6.45 % Notes 2018-15.12.66 Income Capital Obligations

MER-PK

NYSEFinancial ServicesBanks

Latest quote

$25.01

$0.00 · 0.00%

Aug 21, 3:55 PM ET

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Company profile

Company website

Represents Income Capital Obligation Notes originally issued by Merrill Lynch & Co., Inc. and now an obligation of Bank of America Corporation following its acquisition of Merrill Lynch. In October 2018, the outstanding trust preferred securities of Merrill Lynch Capital Trust I were exchanged for these underlying notes. The notes pay interest at a fixed rate of 6.45% per annum and have a maturity date of December 15, 2066.

Industry
Banks
Sector
Financial Services
Headquarters
US
CEO
Brian Moynihan
Listed since
Jan 12, 2007
Employees
213,000

Market position

Volume
84.77K
1.23× average
Average volume
68.99K
Average daily volume
Market cap
189.61B USD
Beta
0
Market reference 1

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