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Bank of America reportedly eyeing potential tap of bond market
By William Gullotti and Cristal Cody
Buffalo, N.Y., Dec. 13 – Bank of America Corp. filed a debt registration statement on Thursday amid market rumblings that it may tap the bond market to potentially increase its placement on approaching year-end league tables, according to information from a market source.
Whispers about an offering followed a $3 billion bond issue by JPMorgan Chase & Co. on Monday.
The financial services company is based in Charlotte, N.C.
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