BAC Canada Finance has raised a total of $660.3 million in a bond sale, The Wall Street Journal reports. The floating rate notes of the firm, formerly known as Merrill Lynch Canada Finance, will mature in February 2014. The minimum size of the transaction was targeted at $253.9 million by the unit of Bank of America. The securities were priced to spread a yield of 143 basis points over the three-month Canadian dealer offered rate.

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