Filed Pursuant to Rule 433
Registration No. 333-133852
BANK OF AMERICA CORPORATION
$500,000,000
MEDIUM-TERM NOTES, SERIES L
SENIOR ONE-MONTH LIBOR NOTES, DUE DECEMBER 2011
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: |
One-Month LIBOR Notes, due December 2011 | |
| Aggregate Principal Amount Initially Being Issued: |
$500,000,000 | |
| Issue Price: |
100% | |
| Trade Date: |
December 1, 2008 | |
| Settlement Date: |
December 4, 2008 (DTC) | |
| Maturity Date: |
December 2, 2011 | |
| Ranking: |
Senior | |
| Minimum Denominations: |
$2,000 and multiples of $1,000 in excess of $2,000. | |
| Day Count Fraction: |
Actual/360 | |
| Base Rate: |
One-Month LIBOR (Reuters) | |
| Index Maturity: |
30 days | |
| Spread: |
76 bps | |
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| Interest Payment Dates: |
The 2nd day of each calendar month, beginning January 2, 2009. | |
| Interest Determination Dates: |
Second London banking day preceding the applicable reset date. | |
| Interest Reset Dates: |
The 2nd day of each calendar month, beginning January 2, 2009. | |
| Interest Periods: |
Monthly. The initial interest period will be the period from, and including, the Settlement Date to, but excluding, January 2, 2009, the initial interest payment date. The subsequent interest periods will be the periods from, and including, the applicable interest payment date to, but excluding, the next interest payment date or the Maturity Date. | |
| 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 | |
| Co-Managers: |
Loop Capital Markets, LLC | |
| Cabrera Capital Markets, LLC | ||
| CUSIP: |
06050BAD3 | |
| ISIN: |
US06050BAD38 | |
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
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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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