Filed Pursuant to Rule 433
Registration No. 333-202354
AUTOCALLABLE MARKET-LINKED STEP UP NOTES |
|
Autocallable Market-Linked Step Up Notes Linked to the
Energy Select Sector Index |
This graph reflects the hypothetical return on the notes, based on the mid-point of the range(s) set forth in the table to the left. This graph has been prepared for purposes of illustration only. | |
Principal Amount |
$10.00 per unit |
||
Automatic Call |
The notes will be called automatically on the Observation Date if the closing level of the Market Measure is equal to or greater than the Call Level |
||
Call Level |
100% of the Starting Value |
||
Observation Date |
Approximately one year from the pricing date |
||
Call Amount |
[$11.30 to $11.40] if called on the Observation Date, to be determined on the pricing date |
||
Payout Profile at Maturity |
• |
If the Market Measure is flat or increases up to the Step Up Value, a return equal to the Step Up Payment |
|
• |
If the Market Measure increases above the Step Up Value, a return equal to the percentage increase in the Market Measure |
||
|
• |
1-to-1 downside exposure to decreases in the Market Measure, with up to 100% of your principal at risk |
|
Step Up Value |
130% of the Starting Value |
||
Step Up Payment |
$3.00 per unit, a 30% return over the principal amount |
||
Threshold Value |
100% of the Starting Value |
||
Preliminary Offering |
http://www.sec.gov/Archives/edgar/data/70858/000152041216005236/bac-wv3anpsxiqufdb3r_1619.htm |
||
Documents |
|
||
Exchange Listing |
No |
You should read the
relevant Preliminary
Offering Documents
before you
invest.
Click on the
Preliminary Offering
Documents hyperlink
above or call your Financial
Advisor for a hard copy.
Risk
Factors
Please see the Preliminary Offering Documents
for a description of certain risks related to this investment, including, but
not limited to, the following: