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This preliminary pricing supplement outlines the terms of fixed to floating rate notes linked to Compounded SOFT, issued by Bank of America, maturing on September 26, 2025.
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Retrieve the preliminary pricing supplement document from the appropriate source.
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Fill in the required fields with accurate information, including product details, pricing information, and any other relevant data.
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Who needs preliminary pricing supplement?

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Any individual or entity involved in the pricing and distribution of financial products may need a preliminary pricing supplement. This includes financial institutions, investment firms, and other organizations that issue or sell financial products to investors.
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A preliminary pricing supplement is a document that provides details about a specific offering of securities, including pricing terms and other relevant information before the final terms are set.
Issuers of securities and underwriters are typically required to file a preliminary pricing supplement with regulatory bodies to disclose essential information prior to the offering.
To fill out a preliminary pricing supplement, issuers must provide accurate data regarding the offering, including security type, pricing, terms, and any related risks or financial information, ensuring compliance with regulatory standards.
The purpose of a preliminary pricing supplement is to inform potential investors about the terms and conditions of a pending securities offering, enhancing transparency and facilitating informed investment decisions.
Information that must be reported includes the type of security, pricing details, interest rates, maturity dates, risks associated with the investment, and any other material information that could impact investment decisions.
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