-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, W2gDrQ+sBMoCvsB+H2gMYYbcDT3J06nH3jCRPYLnN4MTeQFYIPPQPSt62knVcOIX mfCY4re7kv+0ikFc0biDOw== 0001193125-06-060377.txt : 20060322 0001193125-06-060377.hdr.sgml : 20060322 20060322070039 ACCESSION NUMBER: 0001193125-06-060377 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060322 DATE AS OF CHANGE: 20060322 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF AMERICA CORP /DE/ CENTRAL INDEX KEY: 0000070858 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 560906609 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-123714 FILM NUMBER: 06702511 BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043868486 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 FORMER COMPANY: FORMER CONFORMED NAME: BANKAMERICA CORP/DE/ DATE OF NAME CHANGE: 19981022 FORMER COMPANY: FORMER CONFORMED NAME: NATIONSBANK CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NCNB CORP DATE OF NAME CHANGE: 19920107 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF AMERICA CORP /DE/ CENTRAL INDEX KEY: 0000070858 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 560906609 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043868486 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 FORMER COMPANY: FORMER CONFORMED NAME: BANKAMERICA CORP/DE/ DATE OF NAME CHANGE: 19981022 FORMER COMPANY: FORMER CONFORMED NAME: NATIONSBANK CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NCNB CORP DATE OF NAME CHANGE: 19920107 FWP 1 dfwp.htm BAC CAPITAL TRUST X BAC Capital Trust X

Filed Pursuant to Rule 433

Registration Nos. 333-123714

and 333-123714-04

 

BAC CAPITAL TRUST X

 

6 1/4% CAPITAL SECURITIES

 

FINAL TERM SHEET

 

Dated March 21, 2006

 

Issuer:

    BAC Capital Trust X

Ratings:

    Aa3(Moody’s)/A(S&P)/A+(Fitch)

Size:

    36,000,000 capital securities

Issue Price and Liquidation Amount:

    $25 per capital security

Issue Amount of Capital Securities:

    $900,000,000

Cash Distributions:

    Annual rate of 6 1/4% of the stated liquidation amount of $25 per capital security

Distribution Dates:

    March 29, June 29, September 29 and December 29 of each year, beginning June 29, 2006

Cumulative:

    Yes

Day Count:

    30/360

Maturity of BAC Junior Subordinated Notes:

    March 29, 2055, unless prepaid earlier

Interest Rate of BAC Junior Subordinated Notes:

    Annual rate of 6 1/4% per $25 principal amount, from and including March 28, 2006

Interest Payment Dates of BAC Junior Subordinated Notes:

    March 29, June 29, September 29 and December 29 of each year, beginning June 29, 2006

Additional Interest on Deferred Distributions:

    Annual rate of 6 1/4% of the unpaid distributions, compounded quarterly

Redemption Provisions:

    The capital securities have no stated maturity but must be redeemed upon the maturity of the BAC Junior Subordinated Notes on March 29, 2055 or their earlier prepayment

 

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First Optional Call Date:

    March 29, 2011

Cash Payment Deferral:

    Up to 20 quarters

Public Offering Price:

    $900,000,000 in the aggregate

Bookrunning Manager:

    Banc of America Securities LLC

Joint Lead Manager:

    Incapital LLC

Senior Co-Managers:

   

A.G. Edwards & Sons, Inc.

Citigroup Global Markets Inc.

Lehman Brothers Inc.

Merrill Lynch, Pierce, Fenner & Smith Incorporated

Morgan Stanley & Co. Incorporated

UBS Securities LLC

Wachovia Capital Markets, LLC

Junior Co-Managers:

   

Bear, Stearns & Co. Inc.

Goldman, Sachs & Co.

HSBC Securities (USA) Inc.

RBC Dain Rauscher Inc.

Settlement Date:

    March 28, 2006 (DTC)

Listing:

    NYSE

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll free at 1-800-294-1322 or you may e-mail a request to dg.prospectus_distribution@bofasecurities.com.

 

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