Filed Pursuant to Rule 433
Registration No. 333-133852
BANK OF AMERICA CORPORATION
$6,750,000,000
MEDIUM-TERM NOTES, SERIES L
3.125% SENIOR NOTES, DUE JUNE 2012
GUARANTEED UNDER THE FDIC’S TEMPORARY LIQUIDITY GUARANTEE PROGRAM
FINAL TERM SHEET
Dated December 1, 2008
| Issuer: |
Bank of America Corporation | |
| Issuer’s Ratings: |
Aa2 (Moody’s)/AA- (S&P)/A+ (Fitch) | |
| Ratings of this Series of Guaranteed Notes: |
Aaa (Moody’s)/AAA (S&P)/AAA (Fitch) | |
| Title of the Series: |
3.125% Senior Notes, due June 2012 | |
| Aggregate Principal Amount Initially Being Issued: |
$6,750,000,000 | |
| Issue Price: |
99.949% | |
| Trade Date: |
December 1, 2008 | |
| Settlement Date: |
December 4, 2008 (DTC) | |
| Maturity Date: |
June 15, 2012 | |
| Ranking: |
Senior | |
| Minimum Denominations: |
$2,000 and multiples of $1,000 in excess of $2,000. | |
| Day Count Fraction: |
30/360 | |
| Interest Rate: |
3.125% | |
| Interest Payment Dates: |
June 15 and December 15 of each year, beginning June 15, 2009. | |
| Interest Periods: |
Semi-annual | |
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| Treasury Benchmark: |
U.S. Treasury due November 15, 2011 | |
| Treasury Yield: |
1.13% | |
| Spread to Treasury Benchmark: |
+ 201 bps | |
| Guarantee: |
This debt is guaranteed under the Federal Deposit Insurance Corporation’s Temporary Liquidity Guarantee Program and is backed by the full faith and credit of the United States. The details of the FDIC guarantee are provided in the FDIC’s regulations, 12 CFR Part 370, and at the FDIC’s website, www.fdic.gov/tlgp. The expiration date of the FDIC’s guarantee is the earlier of the maturity date of the debt or June 30, 2012.
Additional details relating to the guarantee are also set forth in the pricing supplement relating to the offering of the notes. | |
| Optional Redemption: |
None | |
| Listing: |
None | |
| Lead Manager and Sole Book-Runner: |
Banc of America Securities LLC | |
| Joint Lead Managers: |
Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Goldman Sachs & Co. | ||
| J.P. Morgan Securities Inc. | ||
| Citigroup Global Markets Inc. | ||
| Deutsche Bank Securities Inc. | ||
| Wells Fargo Brokerage Services, LLC | ||
| HSBC Securities (USA) Inc. | ||
| Co-Managers: |
UBS Securities LLC | |
| Barclays Capital Inc. | ||
| Greenwich Capital Markets, Inc. | ||
| SunTrust Robinson Humphrey, Inc. | ||
| Keefe, Bruyette & Woods, Inc. | ||
| BNY Mellon Capital Markets, LLC | ||
| Junior Co-Managers: |
Loop Capital Markets, LLC | |
| Cabrera Capital Markets, LLC | ||
| CUSIP: |
06050BAA9 | |
| ISIN: |
US06050BAA98 | |
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Bank of America Corporation (the “Issuer”) has filed a registration statement (including a pricing supplement, a prospectus supplement, and a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read those documents and the other documents that the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the lead manager will arrange to send you the pricing supplement, the prospectus supplement, and the prospectus if you request them by contacting Banc of America Securities LLC, toll free at 1-800-294-1322. You may also request copies by e-mail from securities.administration@bankofamerica.com or dg.prospectus_distribution@bofasecurities.com.
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