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Macro Finance

Bank of America Set to Raise $8 Billion in High-Grade Bond Deal

Bloomberg Markets·October 16, 2026·1 min read

Bank of America Corp. is set to raise $8 billion through an unusual Friday high-grade bond offering, braving turbulent credit markets that have disrupted fundraising for many borrowers. The move comes after a volatile week, signaling confidence in demand despite market instability. The deal is expected to close later today.

Read at Bloomberg Markets
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