BANK OF AMERICA

Investor Relations

Capital Issuances

Preferred Stock Issues
Trust Preferred and Hybrid Securities Issues

Preferred Stock Issues Outstanding as of September 14, 2018

Name (1)CUSIPTickerIssue
Date
Maturity
Date
Per Annum
Dividend Rate
Dividend Payment DatesCumulative (C) or Non-Cumulative (NC)First Redemption Date (2)
Series Bn/an/aJun 1997Perpetual7.000%Jan 25
Apr 25
Jul 25
Oct 25
CNon-Callable
Series E (3)060505815BAC PrENov 2006PerpetualGreater of 3-month LIBOR + 35 bps or 4%Feb 15
May 15
Aug 15
Nov 15
NC11/15/2011
Series F (4)060505377n/aMar 2012PerpetualGreater of 3-month LIBOR + 40 bps or 4%%Mar 15
Jun 15
Sep 15
Dec 15
NC3/15/2012
Series G (4)060505385n/aMar 2012PerpetualGreater of 3-month LIBOR + 40 bps or 4%Mar 15
Jun 15
Sep 15
Dec 15
NC3/15/2012
Series L Convertible 060505682BAC PrLJan 2008Perpetual7.250%Jan 30
Apr 30
Jul 30
Oct 30
NCNon-Callable
Series T n/an/aSep 2011Perpetual6.000%Oct 10
Jan 10
Apr 10
Jul 10
NC5/7/2019
Series U (5)060505ED2n/aMay 2013Perpetual5.20% to, but excluding, Jun 1, 2023; 3-month LIBOR + 313.5 bps thereafterFixed
Jun 1
Dec 1

Floating Beginning 9/1/2023:
Mar 1
Jun 1
Sep 1
Dec 1
NC6/1/2023
Series V (5)060505EG5n/aJun 2014Perpetual5.125% to, but excluding, Jun 17, 2019; 3-month LIBOR + 338.7 bps thereafterFixed
Jun 17
Dec 17

Floating Beginning 9/17/2019:
Mar 17
Jun 17
Sep 17
Dec 17
NC6/17/2019
Series W (3)060505344BAC PrWSep 2014Perpetual6.625% Mar 9
Jun 9
Sep 9
Dec 9
NC9/9/2019
Series X (5)060505EH3n/aSep 2014Perpetual6.250% to, but excluding Sep 5, 2024; 3-month LIBOR + 370.5 bps thereafterFixed
Mar 5
Sep 5

Floating Beginning 12/5/2024:
Mar 5
Jun 5
Sep 5
Dec 5
NC9/5/2024
Series Y (3)060505310BAC PrYJan 2015Perpetual6.500% Jan 27
Apr 27
Jul 27
Oct 27
NC1/27/2020
Series Z (5)060505EL4n/aOct 2014Perpetual6.500% to, but excluding Oct 23, 2024; 3-month LIBOR + 417.4 bps thereafterFixed
Apr 23
Oct 23

Floating Beginning 1/23/2025:
Jan 23
Apr 23
Jul 23
Oct 23
NC10/23/2024
Series AA (5)060505EN0n/aMar 2015Perpetual6.100% to, but excluding Mar 17, 2025; 3-month LIBOR + 389.8 bps thereafterFixed
Mar 17
Sep 17

Floating Beginning 6/17/2025:
Mar 17
Jun 17
Sep 17
Dec 17
NC3/17/2025
Series CC (3)060505286BAC PrCJan 2016Perpetual6.200%Jan 29
Apr 29
Jul 29
Oct 29
NC1/29/2021
Series DD (5)060505EU4n/aMar 2016Perpetual6.300% to, but excluding, Mar 10, 2026; 3-month LIBOR + 455.3 bps thereafterFixed
Mar 10
Sep 10

Floating Beginning 6/10/2026:
Mar 10
Jun 10
Sep 10
Dec 10
NC3/10/2026
Series EE (3)060505260BAC PrAApr 2016Perpetual6.000%Jan 25
Apr 25
Jul 25
Oct 25
NC4/25/2021
Series FF (5)060505FL3n/aMar 2018Perpetual5.875% to, but excluding, March 15, 2028; 3-month LIBOR + 293.1 bps thereafter

Fixed
Mar 15
Sep 15

Floating Beginning 6/15/2028:
Mar 15
Jun 15
Sep 15
Dec 15
NC3/15/2028
Series GG (3)060505229BAC PrBMay 2018Perpetual6.000%Feb 16
May 16
Aug 16
Nov 16
NC5/16/2023
Series HH (3)060505195BAC PrKJuly 2018Perpetual5.875%Jan 24
Apr 24
July 24
Oct 24
NC7/24/2023
Series 1 (6)060505633BML PrGNov 2004PerpetualGreater of 3-month LIBOR + 75 bps or 3%Feb 28
May 28
Aug 28
Nov 28
NC11/28/2009
Series 2 (6)060505625BML PrHMar 2005PerpetualGreater of 3-month LIBOR + 65 bps or 3%Feb 28
May 28
Aug 28
Nov 28
NC11/28/2009
Series 4 (6)060505591BML PrJNov 2005PerpetualGreater of 3-month LIBOR + 75 bps or 4%Feb 28
May 28
Aug 28
Nov 28
NC11/28/2010
Series 5 (6)060505583BML PrLMar 2007PerpetualGreater of 3-month LIBOR + 50 bps or 4%Feb 21
May 21
Aug 21
Nov 21
NC5/21/2012

For more detail on any announced redemption of these securities, please see the Financial Press Releases and Quarterly Earnings.

(1) Each series of preferred stock was issued by Bank of America Corporation (the "Corporation"). For more information about the Corporation's series of preferred stock, including certain voting rights, see the Corporation's Amended and Restated Certificate of Incorporation filed with the SEC.

(2) The Corporation may redeem series of preferred stock on or after the redemption date, in whole or in part, at its option, at the applicable redemption price plus declared and unpaid dividends. Series B and Series L preferred stock do not have early redemption/call rights.

(3) Ownership is held in the form of depositary shares each representing a 1/1000th interest in a share of preferred stock paying a quarterly cash dividend, if and when declared.

(4) Series F and Series G are held by BAC Capital Trust XIII and BAC Capital Trust XIV, respectively. Interests in BAC Capital Trust XIII and BAC Capital Trust XIV are represented by Hybrid Income Term Securities (HITS).

(5) Ownership is held in the form of depositary shares each representing a 1/25th interest in a share of preferred stock, paying a semi-annual cash dividend, if and when declared, until the date the securities first become redeemable, then adjusts to a quarterly cash dividend, if and when declared, thereafter.

(6) Ownership is held in the form of depositary shares, each representing a 1/1200th interest in a share of preferred stock, paying a quarterly cash dividend, if and when declared.

Note: n/a = not applicable

Trust Preferred and Hybrid Securities Issues Outstanding as of September 14, 2018

The following table is a summary of the outstanding Trust Preferred and Hybrid Securities as of September 14, 2018 as originated by Bank of America Corporation or affiliated companies.

NameCUSIP/ISINTickerIssue
Date
Maturity
Date
Per Annum Dividend RateDividend Payment DatesCumulative (C) or Non-Cumulative (NC)Redemption Period
Bank of America
Capital Trust XV05518WAA1n/aMay 2007Jun 20563-month LIBOR + 80 bpsMar 1
Jun 1
Sept 1
Dec 1
COn or after 6/1/2037
Countrywide
Capital III (1)22237AAB2n/aJun 1997Jun 20278.050%Jun 15
Dec 15
COnly under special event
Merrill Lynch
Capital Trust I (2)590199204n/aDec 2006Dec 20666.450%Mar 15
Jun 15
Sep 15
Dec 15
COn or after 12/15/2011
(1) On October 18, 2018, the liquidation date for this trust, each $1,000 in liquidation amount of Countrywide Capital III trust preferred securities will be exchanged for $1,000 principal amount of junior subordinated notes (CUSIP No. 06051GHP7).

(2) On October 18, 2018, the liquidation date for this trust, each $25 in liquidation amount of Merrill Lynch Capital Trust I trust preferred securities will be exchanged for $25 principal amount of junior subordinated notes (CUSIP No. 060505179).

For more details on the liquidation of Merrill Lynch Capital Trust I and Countrywide Capital III, please see our Form 8-K, which was filed with the SEC on September 17, 2018 and is available in the SEC Filings section.