SAN FRANCISCO - BankAmerica Corp.'s Bank of America unit said it recently acted as financial adviser and placement agent for $160 million of senior note private placements financing for QRL Finance Ltd., a unit of QCT Resources Ltd.

In a press release, the company said it was QCT Resources' first issuance of long-term debt in the U.S. market and the first U.S. bond placement to be arranged for an Australian company by Bank of America.

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