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Bank of America Corp. | 7% Capital Securities (BAC.PRV)

This preferred is marked as having been called.
Prospectus exerpt:  BAC Capital Trust II will sell to the public 36,000,000 7% capital securities ($25 liquidation amount), representing its undivided preferred beneficial interests and will sell to Bank of America common securities representing its undivided common beneficial interests. The Trust will use the sales proceeds to buy an equal principal amount of 7% Bank of America Junior Subordinated Notes, due 2032.

Full Prospectus PDF », BAC Page »

Redeemable?:Yes
Call Date:2/1/2007 (Now Trading Post Call Date)
Maturity Date:2/1/2032
Cumulative?:Yes
Shares Offered:36,000,000
Liquidation Preference:$25
Original Coupon:7.000%
Pay Period:Quarterly
Pay Dates:1-Feb, 1-May, 1-Aug, 1-Nov
Bank of America is a bank and financial holding company. Through its banking and various nonbanking subsidiaries throughout the U.S. and in international markets, Co. is engaged as a financial institution that serves individual consumers, small- and middle-market businesses, institutional investors, large corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. Co. operates its banking activities primarily under two charters: Bank of America, National Association, and FIA Card Services, National Association. As of Dec 31 2013, Co. had total assets of $2.10 trillion and total deposits of $1.12 trillion.

Preferreds: BML.PRQ, BML.PRI, BML.PRN, BML.PRG, BML.PRH, CFC.PRA, BAC.PRJ, MER.PRD, MER.PRE, MER.PRF, MER.PRK, MER.PRM, MER.PRP, CFC.PRB, BAC.PRC, BAC.PRD, BAC.PRE, BAC.PRH, BAC.PRI, BAC.PRL, BAC.PRU, BAC.PRV, BAC.PRW, BAC.PRX, BAC.PRY, BAC.PRZ, BML.PRJ, BML.PRL, BML.PRO


Open the BAC Information Page »
Name:  Bank of America Corp.
Website:  www.bankofamerica.com
Sector:  Banking & Savings
Number of ETFs Holding BAC:  79 (see which ones)
Total Market Value Held by ETFs:  $6,667,018,310
Total Market Capitalization:  $179,411,000,000
% of Market Cap. Held by ETFs:  3.72%

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