Filed Pursuant to Rule 433
Registration No. 333-158663
BANK OF AMERICA CORPORATION
MEDIUM-TERM NOTES, SERIES L
$3,000,000,000
7.375% SENIOR NOTES, DUE MAY 2014
FINAL TERM SHEET
Dated May 8, 2009
| Issuer: | Bank of America Corporation | |
| Ratings of this Series: | A2 (Moody’s)/A (S&P)/A+ (Fitch) | |
| Title of the Series: | 7.375% Senior Notes, due May 2014 | |
| Aggregate Principal Amount Initially Being Issued: | $3,000,000,000 | |
| Issue Price: | 99.445% | |
| Trade Date: | May 8, 2009 | |
| Settlement Date: | May 13, 2009 (DTC) | |
| Maturity Date: | May 15, 2014 | |
| Ranking: | Senior | |
| Minimum Denominations: | $5,000 and multiples of $5,000 in excess of $5,000. | |
| Day Count Fraction: | 30/360 | |
| Interest Rate: | 7.375% | |
| Interest Payment Dates: | May 15 and November 15 of each year, beginning November 15, 2009, subject to unadjusted following business day convention. | |
| Interest Periods: | Semi-annual | |
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| Treasury Benchmark: | 5-year U.S. Treasury, due April 30, 2014 | |
| Treasury Yield: | 2.135% | |
| Spread to Treasury Benchmark: | 537.5 bps | |
| Not Guaranteed: | This debt is not guaranteed under the Federal Deposit Insurance Corporation’s Temporary Liquidity Guarantee Program. | |
| Optional Redemption: | Issuer has the right to redeem the notes, in whole or in part, on one or more occasions, at its option at any time, subject to a notice period of no less than 10 days and no more than 60 days. | |
| Make-Whole Call Payment: | US Treasury + 50 bps | |
| Listing: | None | |
| Lead Manager and Sole Book-Runner: | Banc of America Securities LLC | |
| Senior Co-Managers: | BNY Capital Markets, Inc. | |
| Goldman, Sachs & Co. | ||
| Lloyds TSB Corporate Markets | ||
| Mizuho Securities USA Inc. | ||
| UBS Investment Bank | ||
| Junior Co-Managers: | CastleOak Securities, L.P. | |
| Loop Capital Markets, LLC | ||
| CUSIP: | 06051GDY2 | |
| ISIN: | US06051GDY26 | |
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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