BAC Canada Finance Company, a wholly-owned subsidiary of Bank of America based in Charlotte, North Carolina, was established to provide a range of financial services in Canada. The company’s primary focus includes offering innovative solutions in corporate financing, particularly through debt instruments that cater to institutional and retail investors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BAC 5.25% 2025-09-24 CADBAC Canada Finance Company | Canada | 2025-09-24 | 5.250 | 3.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, BAC Canada Finance has been an active player in the bond market, launching its first bond issuances in 2007. Notably, the company issued a significant $1 billion bond in 2019 aimed at funding sustainable initiatives. Current yields on BAC Canada Finance bonds remain competitive, often outperforming industry averages, while features like callable options provide added flexibility. Recently, the company has garnered attention for its proactive approach in managing debt during volatile market conditions, positioning itself favorably for future financing needs.