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BAC Capital buys back £153.45 million of 5.25% bonds on three dates
By Ashley Montgomery
Kansas City, Kan., Nov. 28 - BAC Capital Trust VII said it repurchased a total of £153.45 million of its 5.25% subordinated bonds due Aug. 10, 2035.
BAC Capital said it repurchased £88.5 million of the bonds on Nov. 23, £30.7 million on Nov. 28, and £34.25 million on Nov. 29.
Following the transactions, the amount outstanding will be £301.95 million.
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