Filed pursuant to Rule 433
Registration No. 333-158663
BANK OF AMERICA CORPORATION
MEDIUM-TERM NOTES, SERIES L
$3,000,000,000
5.625% SENIOR NOTES, DUE JULY 2020
FINAL TERM SHEET
Dated June 17, 2010
| Issuer: |
Bank of America Corporation | |
| Ratings of this Series: |
A2 (Moody’s)/A (S&P)/A+ (Fitch) | |
| Title of the Series: |
5.625% Senior Notes, due July 2020 | |
| Aggregate Principal Amount Initially Being Issued: |
$3,000,000,000 | |
| Issue Price: |
99.642% | |
| Trade Date: |
June 17, 2010 | |
| Settlement Date: |
June 22, 2010 (DTC) | |
| Maturity Date: |
July 1, 2020 | |
| Ranking: |
Senior | |
| Minimum Denominations: |
$5,000 and multiples of $5,000 in excess of $5,000 | |
| Day Count Fraction: |
30/360 | |
| Interest Rate: |
5.625% | |
| Interest Payment Dates: |
January 1 and July 1 of each year, beginning January 1, 2011, subject to unadjusted following business day convention. | |
| Interest Periods: |
Semi-annual | |
| Treasury Benchmark: |
10 year U.S. Treasury, due May 15, 2020 | |
| Treasury Yield: |
3.192% | |
| Treasury Benchmark Price: |
102-19 | |
| Spread to Treasury Benchmark: |
248 bps | |
| Optional Redemption: |
None | |
| Listing: |
None | |
| Lead Manager and Sole Book-Runner: |
Banc of America Securities LLC | |
| Senior Co-Managers: |
Deutsche Bank Securities Inc. | |
| Fifth Third Securities, Inc. | ||
| Lloyds TSB Bank plc | ||
| Nomura Securities International, Inc. | ||
| Junior Co-Managers: |
Cantor Fitzgerald & Co. | |
| Loop Capital Markets, LLC | ||
| Samuel A. Ramirez & Company, Inc. | ||
| CUSIP: |
06051G EC9 | |
| ISIN: |
US06051GEC96 | |
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.