Bank of America Corp. (BAC), who is the largest U.S. lender, has raised $19.3 billion by selling securities at $15 a piece in the biggest sale of stock or preferred shares by a U.S. public company .
This has been recorded as the biggest sale since at least 2000.
The bank, which has planned to repay $45 billion of U.S. rescue funds, has sold 1.286 billion so-called common equivalent securities.
