BofA’s $2 Billion Bond Aims to Curb Race Inequality, Spur Market
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Bank of America Corp. issued a $2 billion bond that aims to advance racial equality.
The initiative, backed by Vice Chairman Anne Finucane and Chief Operating Officer Tom Montag, is the company’s eighth environmental, social and governance-themed bond, bringing its total issuance in the category to almost $10 billion, the bank said in a statement Friday.