Filed Pursuant to Rule 433
Registration No. 333-158663
BANK OF AMERICA CORPORATION
MEDIUM-TERM NOTES, SERIES L
$2,500,000,000
4.50% SENIOR NOTES, DUE APRIL 2015
FINAL TERM SHEET
Dated March 8, 2010
Issuer: |
Bank of America Corporation | |
Ratings of this Series: |
A2 (Moodys)/A (S&P)/A+ (Fitch) | |
Title of the Series: |
4.50% Senior Notes, due April 2015 | |
Aggregate Principal Amount Initially Being Issued: |
$2,500,000,000 | |
Issue Price: |
99.899% | |
Trade Date: |
March 8, 2010 | |
Settlement Date: |
March 11, 2010 (DTC) | |
Maturity Date: |
April 1, 2015 | |
Ranking: |
Senior | |
Minimum Denominations: |
$5,000 and multiples of $5,000 in excess of $5,000. | |
Day Count Fraction: |
30/360 | |
Interest Rate: |
4.50% | |
Interest Payment Dates: |
April 1 and October 1 of each year, beginning October 1, 2010, subject to unadjusted following business day convention. | |
Interest Periods: |
Semi-annual |
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Treasury Benchmark: |
5 year U.S. Treasury, due February 28, 2015 | |
Treasury Yield: |
2.372% | |
Treasury Benchmark Price: | 100-0+ | |
Spread to Treasury Benchmark: |
215 bps | |
Listing: | None | |
Lead Manager and Sole Book-Runner: | Banc of America Securities LLC | |
Senior Co-Managers: | Danske Markets Inc. Deutsche Bank Securities Inc. Fifth Third Securities, Inc. KeyBanc Capital Markets, a Division of McDonald Investments Inc. Lloyds Bank International Limited Mizuho Securities USA Inc. | |
Junior Co-Managers: |
Aladdin Capital LLC Cantor Fitzgerald & Co. CastleOak Securities, L.P. | |
CUSIP: |
06051GEB1 | |
ISIN: |
US06051GEB14 |
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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