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BAC Capital buys back £9.95 million of 5.25% bonds due August 2035
By Ashley Montgomery
Kansas City, Kan., Nov. 28 - BAC Capital Trust VII said it repurchased £9.95 million of its 5.25% subordinated bonds due Aug. 10, 2035.
The repurchase is effective Dec. 8.
Following the transactions, the amount outstanding will be £189.35 million.
BAC Capital Trust VII is an affiliate of Bank of America Corp.
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