Nationsbank Corp., established in Charlotte, North Carolina, was created to provide a wide range of banking and financial services to retail and commercial customers. As a subsidiary of Bank of America, Nationsbank specializes in consumer lending, mortgage services, and investment management, catering to the needs of both individual and institutional clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BAC 6.80% 2028-03-15 USDNationsbank Corp. | United States | 2028-03-15 | 6.800 | 4.17 |
| BAC 7.25% 2025-10-15 USDNationsbank Corp. | United States | 2025-10-15 | 7.250 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nationsbank has been actively involved in the bond market since the mid-1980s, marking its entry with a series of corporate bond issuances that sought to fund various strategic initiatives. Notably, in 1999, Nationsbank issued over $2 billion in bonds to finance its acquisition of Bank of America, a landmark move that significantly bolstered its market presence. Current yields on Nationsbank bonds are competitive with industry averages, and the company consistently offers fixed-rate bonds and callable features to attract a diverse array of investors. Recent news highlights their continued efforts to maintain strong credit ratings, which enhances investor confidence in their bond offerings.