Bank of America replaces CDOR with CORRA for certain floating-rate debt securities after June 28, 2024

BANK OF AMERICA CORP /DE/

Three-Month CDOR will be replaced by Three-Month Fallback Rate (CORRA) effective June 28, 2024 for outstanding debt securities.
CORRA includes daily Canadian Overnight Repo Rate compounded in arrears plus a fixed spread of 0.32138%.
One series of CDOR securities (Annex 3) will be redeemed before the floating rate period; notice to follow separately.
Calculation agent Merrill Lynch Canada will determine alternative rates for Annex 1 and Annex 2 securities.
CDOR cessation announced by Refinitiv Benchmark Services on May 16, 2022; final publication June 28, 2024.

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