New bond issue: Bank of America Merrill Lynch sells EUR 750.0m in 2025 bonds with a 1.375% coupon

March 25, 2015 - Cbonds

 

Bank of America Merrill Lynch on March 26, 2015 placed EUR 750.0m in bonds with a 1.375% coupon, maturing in 2025. The bond was priced at 99.685%.
Share:
Issuer, issue numberBank of America Merrill Lynch, 1.375% 26mar2025, EUR
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueEUR 100,000
Amount750,000,000
ISINXS1209863254
End of placement03/26/2015
Initial issue price99.685
Coupon1.375%
Coupon frequency1 time(s) per year
Settlement date03/26/2015
Maturity date03/26/2025
Issue ManagersBookrunner: Bank of America Merrill Lynch Co-manager: Standard Chartered Bank
Trading floorBerlin Exchange
Issuer profile:
Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009.
Outstanding issues:
24 issuesUSD25,275,000,000
4 issuesEUR2,320,195,000
1 issuesCAD500,000,000
3 issuesGBP1,525,000,000
1 issuesJPY55,000,000,000
3 issuesHKD470,000,000
3 issuesMXN3,971,000,000