Filed Pursuant to Rule 433
Registration Statement No. 333-180488
BANK OF AMERICA CORPORATION
MEDIUM-TERM NOTES, SERIES L
$2,000,000,000
5.000% SENIOR NOTES, DUE JANUARY 2044
FINAL TERM SHEET
Dated January 15, 2014
Issuer: | Bank of America Corporation | |
Ratings of this Series: | Baa2 (Moodys)/A- (S&P)/A (Fitch) | |
Title of the Series: | 5.000% Senior Notes, due January 2044 | |
Aggregate Principal Amount Initially Being Issued: |
$2,000,000,000 | |
Issue Price: | 99.784% | |
Trade Date: | January 15, 2014 | |
Settlement Date: | January 21, 2014 (T+3) | |
Maturity Date: | January 21, 2044 | |
Ranking: | Senior | |
Minimum Denominations: | $2,000 and multiples of $1,000 in excess of $2,000 | |
Day Count Fraction: | 30/360 | |
Interest Rate: | 5.000% per annum | |
Interest Payment Dates: | January 21 and July 21 of each year, beginning July 21, 2014, subject to following business day convention (unadjusted). | |
Interest Periods: | Semi-annual | |
Treasury Benchmark: | 30 year U.S. Treasury, due August 15, 2043 | |
Treasury Yield: | 3.814% | |
Treasury Benchmark Price: | 96-21 | |
Spread to Treasury Benchmark: | +120 bps | |
Reoffer Yield: | 5.014% | |
Optional Redemption: | None | |
Listing: | None | |
Lead Manager and Sole Book-Runner: | Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
Senior Co-Managers: | ABN AMRO Securities (USA) LLC, Banca IMI S.p.A., Commerz Markets LLC, Danske Markets Inc, Goldman, Sachs & Co., Lloyds Securities Inc., nabSecurities, LLC, PNC Capital Markets LLC, RBS Securities Inc., Scotia Capital (USA) Inc. | |
Junior Co-Managers: | Blaylock Robert Van, LLC, Samuel A. Ramirez & Company, Inc. | |
CUSIP: | 06051GFC8 | |
ISIN: | US06051GFC87 |
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.