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StocksUpdated×2•Originally published 16 April 2026•Updated 17 April 2026•

1 min read

Bank of America to Redeem $3B in Senior Notes; Greenidge Finalizes Debt Exchange

Key Facts

1Bank of America announced the full redemption of $3 billion in senior notes due April 2027.

2The redemption will occur at 100% of the principal amount on April 23, 2026.

3Greenidge Generation announced the final results of its exchange offer for senior notes due 2026.

about 2 months ago

Version History

Version 2about 2 months ago

What changed: Added specific details on 12 preferred stock series and clarified the structure of Series F and G regarding depositary shares.

Version 1about 2 months ago

What changed: The story was updated to include Bank of America's declaration of regular cash dividends across multiple preferred stock series.

Bank of America (BAC) has provided granular details regarding cash dividends for 12 specific series of preferred stock, scheduled for May and June 2026, alongside its $3 billion senior note redemption plan. The updated list now includes Series 1, 2, 4, 5, KK, LL, and QQ, with specific dividend amounts established per share or depositary share. Notably, the bank clarified that preferred stock Series F and G are not represented by depositary shares, offering further structural clarity for shareholders. Simultaneously, Greenidge Generation Holdings (GREE) finalized its exchange offer for 8.50% senior notes due 2026. These corporate actions underscore Bank of America's robust liquidity management and commitment to transparent capital returns. The comprehensive update highlights the bank's strategic focus on optimizing its balance sheet while maintaining consistent investor payouts.