Also found in: Financial, Encyclopedia.
BOFABank of America
BOFABreath of Fresh Air
BOFABattle of the Five Armies (Lord of the Rings prequel)
BOFABoosted Over Fire Air (emmissions reduction technology)
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Finally, the amendment with BofA extended the debt maturity date to 30 September 2022 and released certain reserves earlier needed by BofA, under the credit facility.
Following the occurrence of an event of default under the LOC reimbursement agreement, BofA may direct the IPA to immediately stop the issuance of additional notes, in which event the substitute LOC will expire after all the notes supported by such LOC mature and have been paid from funds drawn on the substitute LOC.
BOFA, headquartered in Poole, Dorset, has experienced significant growth since a management buyout supported by mid-market private equity investor LDC in 2015.
Donaldson has entered into a binding agreement to acquire 88% of BOFA for approximately GBP 79m (USD 102.7m).
According to sources, BofA Merrill Lynch has recently increased its trading on the Kosdaq.
The latest BofA Merrill Lynch research report says the $3 billion bond issuance by Bahrain in September (8.9 per cent of GDP) should allow some room for negotiations to complete over the first half of next year.
Within EEMEA growth is evident, however, in this report BofA Merrill Lynch highlights growth and higher dividends could increasingly become the base case for investors.
Net income before taxes was $1.29 billion for the BofA wealth group vs.
Revenue in five of BofA's six main businesses fell, pulling down total revenue below Wall Street's expectations.
"BlackRock and existing BofA Global Capital Management clients will benefit from a combined platform with greater scale and global reach," added Rich Hoemer, BlackRock's Co-head of global cash management.
BofA's earnings for the fourth quarter came in at $3.1 billion, down 11.3 percent from the year-ago level.