8-KOther EventsExhibits & Filings

BANK OF AMERICA CORP /DE/ 8-K Report, Corporate Update (Aug 27, 2004)

Filed August 27, 2004For Securities:BACBAC-PBBAC-PKBAC-PLBAC-PMBAC-PNBAC-PSBML-PJBAC-PEBAC-PPBAC-PQBACRPBML-PGBML-PHBML-PLBAC-POMER-PK

Summary

This 8-K filing from Bank of America Corporation, filed on August 27, 2004, reports on the company's issuance of $750 million in 4.25% Senior Notes due October 2010. The offering was approved by a committee of the Board of Directors on August 23, 2004, and an underwriting agreement was subsequently executed with various underwriters. The notes were issued on the same day, utilizing a previously established shelf registration statement on Form S-3. Additionally, the filing notes the effective date of a Third Supplemental Indenture, which amends and supplements the Senior Securities Indenture dated January 1, 1995. This indenture modification, effective July 28, 2004, was also approved and authorized by a committee of the Board. These actions indicate ongoing capital management and debt structure adjustments by Bank of America during this period.

Key Highlights

  • 1Bank of America issued $750 million of 4.25% Senior Notes due October 2010.
  • 2The offering was formally approved by a Board-appointed committee on August 23, 2004.
  • 3An underwriting agreement for the senior notes was executed on August 23, 2004.
  • 4The senior notes were issued on August 23, 2004, under a delayed shelf registration statement (Form S-3).
  • 5A Third Supplemental Indenture to the Senior Securities Indenture (dated Jan 1, 1995) was approved and authorized, effective July 28, 2004.

Frequently Asked Questions

This 8-K filing serves to publicly announce and provide details regarding Bank of America's issuance of $750 million in 4.25% Senior Notes due October 2010, as well as the execution of related agreements and an amendment to its Senior Securities Indenture.

The Senior Notes have a principal amount of $750,000,000, bear a fixed interest rate of 4.25% per annum, and mature in October 2010.

The notes were offered to various underwriters and issued pursuant to Bank of America's shelf registration statement (Registration No. 333-112708) on Form S-3, allowing for a delayed offering of debt securities.

The Third Supplemental Indenture amends and supplements the existing Senior Securities Indenture between Bank of America and The Bank of New York, as trustee. While the exact details of the amendments are not elaborated in this summary, such indentures typically govern the terms and conditions of the company's debt issuances.