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

This preferred is marked as having been called.
Prospectus exerpt:  The Trust will redeem all of the outstanding capital and common securities when we pay the junior subordinated notes on their maturity date on December 15, 2031. We may extend the maturity date of the notes under the circumstances we describe below under "Option to Extend Stated Maturity Date." Except as described under "--Ranking" on page S-7, the aggregate liquidation amount of capital and common securities to be redeemed will be allocated approximately 97% to the capital securities and approximately 3% to the common securities.

Full Prospectus PDF », BAC Page »

Redeemable?:Yes
Call Date:12/15/2006 (Now Trading Post Call Date)
Maturity Date:12/15/2031
Cumulative?:Yes
Shares Offered:20,000,000
Liquidation Preference:$25
Original Coupon:7.000%
Pay Period:Quarterly
Pay Dates:15-Mar, 15-Jun, 15-Sep, 15-Dec
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. provides a range of banking and nonbanking financial services and products through five business segments: Consumer & Business Banking, Consumer Real Estate Services, Global Banking, Global Markets and Global Wealth & Investment Management, as well as All Other. Co. operates its banking activities primarily under two charters: Bank of America, National Association, and FIA Card Services, National Association. As of Dec 31 2012, Co. had total assets of $2.21 trillion and deposits of $1.10 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:  80 (see which ones)
Total Market Value Held by ETFs:  $5,539,737,689
Total Market Capitalization:  $170,464,000,000
% of Market Cap. Held by ETFs:  3.25%

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