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BAC Capital buys back £85.1 million of bonds due 2035 in two tranches
By Tali David
Minneapolis, Dec. 5 - BAC Capital Trust VII repurchased £85.1 million of its bonds due Aug. 10, 2035, according to a release.
The trust repurchased £34.7 million of the bonds on Dec. 2 and £50.4 million on Dec. 5.
Following the Dec. 5 transaction, the remaining amount on the notes is £249.7 million.
BAC Capital Trust VII is an affiliate of Bank of America Corp.
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