BankAmerica To Redeem Floating Rate Subordinated Capital Notes Due August 15, 1996.SAN FRANCISCO--(BUSINESS WIRE)--February 27, 1996--BankAmerica Corporation will redeem the entire $250 million aggregate principal amount of its outstanding Floating Rate Subordinated Capital Notes Due August 15, 1996 (CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. No. 814823 ANO Noun 1. ANO - a Palestinian international terrorist organization that split from the PLO in 1974; has conducted terrorist attacks in 20 countries; "in the 1980s the Fatah-RC was considered the most dangerous and murderous Palestinian terror group" ) on March 28, 1996 at a redemption price Redemption price See: Call price redemption price 1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share. 2. equal to 100 percent of their principal amount, together with accrued interest Accrued Interest The interest that has accumulated on a bond since the last interest payment up to but not including the settlement date. There are two methods for calculating accrued interest: 1) 360-day year method, used for corporate and municipal bonds. to the redemption date. The Notes were originally issued by Security Pacific Corporation. Payment will be made on the redemption date upon presentation and surrender of the Notes at the offices of the paying agent at either of the following addresses: -0-
BY MAIL BY HAND
First Trust of California, N.A. First Trust of California, N.A.
P.O. Box 30577 Corporate Agency Service Center
Los Angeles, CA 90054-0577 701 South Western Avenue
Glendale, CA 91201
ATTN: Bond Payment Window
CONTACT: Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Corporation Peter Magnani, (415) 953-2418 |
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