LONDON - BankAmerica Corp. launched $100 million of floating rate Euronotes due Sept. 1, 1998, at a variable issue and reoffer price through a sole manager, Kidder Peabody Securities Co.
Interest floats at 25 basis points above the six-month London interbank offer rate for dollars.
Separately, the San Francisco-based bank company said it would redeem a total of $327.4 million principal amount of debentures on Sept. 24.