C.L. King Acted as Co-Manager on Bank of America’s $700 Million Preferred Stock Offering

C.L. King acted as Co-Manager for Bank of America in its $700M 4.75% PerpNC5 Non-Cumulative Preferred Stock, Series SS, offering of 28,000,000 depositary shares with an offering price of $25 per share.

The issue is rated Baa3/BBB-/BBB.