Filed Pursuant to Rule 433
Registration No. 333-180488
BANK OF AMERICA CORPORATION
MEDIUM-TERM NOTES, SERIES L
$1,000,000,000
FLOATING RATE SENIOR NOTES, DUE MARCH 2018
FINAL TERM SHEET
Dated March 19, 2013
Issuer: |
Bank of America Corporation | |
Ratings of this Series: |
Baa2 (Moodys)/A- (S&P)/A (Fitch) | |
Title of the Series: |
Floating Rate Senior Notes, due March 2018 | |
Aggregate Principal Amount Initially Being Issued: |
$1,000,000,000 | |
Issue Price: |
100.00% | |
Trade Date: |
March 19, 2013 | |
Settlement Date: |
March 22, 2013 (T+3) | |
Maturity Date: |
March 22, 2018 | |
Ranking: |
Senior, Unsecured | |
Minimum Denominations: |
$2,000 and multiples of $1,000 in excess of $2,000 | |
Day Count Fraction: |
Actual/360 | |
Base Rate: |
Three-Month LIBOR (Reuters) | |
Index Maturity: |
90 days | |
Spread: |
107 basis points | |
Interest Payment Dates and Interest Reset Dates: |
March 22, June 22, September 22 and December 22 of each year, commencing on June 22, 2013, subject to adjustment in accordance with the modified following business day convention. | |
Interest Periods: |
Quarterly. The initial interest period will be the period from, and including, the Settlement Date to, but excluding, June 22, 2013, 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, as applicable. | |
Interest Determination Dates: |
Second London banking day prior to applicable Interest Reset Date | |
Optional Redemption: |
None | |
Listing: |
None | |
Lead Manager and Sole Book-Runner: |
Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
Senior Co-Managers: |
Barclays Capital Inc.; BB&T Capital Markets, a division of BB&T Securities, LLC; BMO Capital Markets Corp.; Capital One Southcoast, Inc.; CIBC World Markets Corp.; Deutsche Bank Securities Inc.; Lloyds Securities Inc.; Mizuho Securities USA Inc.; Natixis Securities Americas LLC; RBS Securities Inc.; Santander Investment Securities Inc.; Scotia Capital (USA) Inc.; Standard Chartered Bank; Swedbank AB (publ); VTB Capital plc | |
Junior Co-Managers: |
Lebenthal & Co., LLC; Loop Capital Markets LLC; Mischler Financial Group, Inc. | |
CUSIP: |
06051GEW5 | |
ISIN: |
US06051GEW50 |
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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 Merrill Lynch, Pierce, Fenner & Smith Incorporated, toll free at 1-800-294-1322. You may also request copies by e-mail from fixedincomeir@bankofamerica.com or dg.prospectus_requests@baml.com.
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