FWP 1 d631175dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-180488

 

LOGO

 

    Strategic Accelerated Redemption Securities® Linked to the Freeport-McMoRan Copper & Gold Inc.
Issuer   Bank of America Corporation (“BAC”)
Original Offering Price   $10.00 per unit
Term   Approximately one year, if not called on the first or second Observation Dates
Underlying Stock   Common stock of Freeport-McMoRan Copper & Gold Inc. (NYSE symbol: “FCX”)
Automatic Call   Automatic call if the Observation Level of the Underlying Stock on any of the Observation Dates is equal to or greater than the Starting Value
Observation Level   The Closing Market Price of the Underlying Stock on any Observation Date (as described in the Preliminary Offering Documents)
Observation Dates   Approximately six, nine and twelve months after the pricing date
Call Premium  

In the event of an automatic call, the amount payable per unit will be:

•   [$10.850 to $11.050] if called on the first Observation Date

•   [$11.275 to $11.575] if called on the second Observation Date

•   [$11.700 to $12.100] if called on the final Observation Date

Payout Profile at Maturity   If not called, 1-to-1 downside exposure to decreases in the Underlying Stock, with up to 100% of your principal at risk
Investment Considerations   This investment is designed for investors who anticipate that the Observation Level on any of the Observation Dates will be equal to or greater than the Starting Value and, in that case, accept an early exit from the investment, and are willing to accept that their return on their investment, if any, will be capped at the Call Premium, take full downside risk and forgo interim interest payments.

Preliminary Offering

Documents

 

  http://www.sec.gov/Archives/edgar/data/70858/000119312513440439/d627076dfwp.htm
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:

    If the notes are not called, your investment may result in a loss; there is no guaranteed return of principal.
    Payments on the notes are subject to the credit risk of BAC, and actual or perceived changes in the creditworthiness of BAC are expected to affect the value of the notes. If BAC becomes insolvent or is unable to pay its obligations, you may lose your entire investment.
    Your investment return, if any, is limited to the applicable Call Premium and may be less than a comparable investment directly in the Underlying Stock.
    The initial estimated value of the notes on the pricing date will be less than their public offering price.
    If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date.
    You will have no rights of a holder of the Underlying Stock, and you will not be entitled to receive any shares of the Underlying Stock or dividends or other distributions by the Underlying Company.
    The issuer, MLPF&S and their respective affiliates do not control the Underlying Company and are not responsible for any disclosure made by the Underlying Company. The Underlying Company will have no obligations relating to the notes.
    The Redemption Amount will not be adjusted for all corporate events that could affect the Underlying Stock.

Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please see the Preliminary Offering Documents for complete product disclosure, including related risks and tax disclosure.

 

LOGO


 

LOGO

Bank of America Corporation (BAC) has filed a registration statement (which includes a prospectus) with the Securities and Exchange Commission (SEC) for the notes that are described in this Guidebook. Before you invest, you should carefully read the prospectus in that registration statement and other documents that BAC has filed with the SEC for more complete information about BAC and any offering described in this Guidebook. You may obtain these documents without cost by visiting EDGAR on the SEC Website at www.sec.gov. BAC’s Central Index Key, or CIK, on the SEC website is 70858. Alternatively, Merrill Lynch will arrange to send you the prospectus and other documents relating to any offering described in this document if you so request by calling toll-free 1-866-500-5408. BAC faces risks that are specific to its business, and we encourage you to carefully consider these risks before making an investment in its securities.

 

 

 

 

 

 

 

 

LOGO