|
CALCULATION OF REGISTRATION FEE
(1) Calculated in accordance with Rule 457(r) of the Securities Act.
(2) Paid herewith. |
Filed Under Rule 424(b)(3), Registration Statement No.
333-152418
Pricing Supplement No. 279 - dated Monday, June 13, 2011 (To: Prospectus
Dated July 21, 2008)
|
CUSIP |
Aggregate Principal Amount |
Price to Public |
Gross Concession |
Net Proceeds |
Coupon Type |
Coupon Rate |
Coupon Frequency |
Maturity Date |
1st Coupon Date |
1st Coupon Amount |
Survivor's Option |
Product Ranking |
|
06050WEU5 |
$14,179,000 |
100.000% |
2.000% |
$13,895,420 |
FIXED |
5.000% (Per Annum) |
|
06/15/2023 |
12/15/2011 |
$24.86 |
YES |
Senior Unsecured |
Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC Agents: Citigroup Global Markets, Inc., Morgan Stanley & Co. LLC, UBS Securities LLC, Wells Fargo Advisors, LLC
|
Bank of America |
Offering Dates: Monday, June 6, 2011 through Monday,
June 13,
2011 Settlement Date: Thursday, June 16, 2011 Minimum Denomination/Increments: $1,000.00/$1,000.00 Initial trades settle flat and clear SDFS: DTC Book Entry only DTC Number 0235 via RBC Dain Rauscher Inc. If the maturity date or an interest payment date for any note is not a business day (as that term is defined in the prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date. In the opinion of McGuireWoods LLP, as counsel to Bank of America Corporation (the "Corporation"), when the trustee has made an appropriate entry on Schedule 1 to the Master Registered Global Senior Note, dated July 21, 2008 (the "Master Note"), identifying the notes offered hereby as supplemental obligations thereunder in accordance with the instructions of the Corporation and the notes have been delivered against payment therefor as contemplated in this pricing supplement and the related prospectus, all in accordance with the provisions of the indenture governing the notes, such notes will be legal, valid and binding obligations of the Corporation, subject to applicable bankruptcy, reorganization, insolvency, moratorium, fraudulent conveyance or other similar laws affecting the rights of creditors now or hereafter in effect, and to equitable principles that may limit the right to specific enforcement of remedies, and further subject to 12 U.S.C. §1818(b)(6)(D) (or any successor statute) and any bank regulatory powers now or hereafter in effect and to the application of principles of public policy. This opinion is given as of the date hereof and is limited to the Federal laws of the United States, the laws of the State of New York and the Delaware General Corporation Law (including the statutory provisions, all applicable provisions of the Delaware Constitution and reported judicial decisions interpreting the foregoing). In addition, this opinion is subject to the assumption that the trustee's certificate of authentication of the Master Note has been manually signed by one of the trustee's authorized officers and to customary assumptions about the trustee's authorization, execution and delivery of the indenture governing the notes, the validity, binding nature and enforceability of the indenture governing the notes with respect to the trustee, the legal capacity of natural persons, the genuineness of signatures, the authenticity of all documents submitted to McGuireWoods LLP as originals, the conformity to original documents of all documents submitted to McGuireWoods LLP as photocopies thereof, the authenticity of the originals of such copies and certain factual matters, all as stated in the letter of McGuireWoods LLP dated June 13, 2011, which has been filed as an exhibit to a Current Report on Form 8-K of the Corporation dated June 13, 2011.InterNotes® is a registered trademark of Incapital Holdings LLC. All Rights Reserved. |
Bank of
America InterNotes
Prospectus dated 21-Jul-08
|