0001193125-18-064943.txt : 20180301 0001193125-18-064943.hdr.sgml : 20180301 20180228200402 ACCESSION NUMBER: 0001193125-18-064943 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180301 DATE AS OF CHANGE: 20180228 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: 333-202354 FILM NUMBER: 18654104 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 d539299dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-202354

BANK OF AMERICA CORPORATION

MEDIUM-TERM NOTES, SERIES M

$1,500,000,000

FLOATING RATE SENIOR NOTES, DUE MARCH 2024

FINAL TERM SHEET

Dated February 28, 2018

 

Issuer:    Bank of America Corporation
Ratings of this Series:    A3 (Moody’s)/A- (S&P)/A (Fitch)
Title of the Series:    Floating Rate Senior Notes, due March 2024 (the “Notes”)
Aggregate Principal Amount Initially Being Issued:    $1,500,000,000
Issue Price:    100%
Trade Date:    February 28, 2018
Settlement Date:    March 5, 2018 (T+3)
Maturity Date:    March 5, 2024
Ranking:    Senior
Minimum Denominations:    $2,000 and multiples of $1,000 in excess of $2,000
Day Count Fraction:    Actual/360
Base Rate:    Three-Month LIBOR (Reuters Page LIBOR01)
Index Maturity:    90 days
Spread:    79 basis points
Interest Payment Dates and Interest Reset Dates:    March 5, June 5, September 5 and December 5 of each year, beginning June 5, 2018, subject to adjustment in accordance with the modified following business day convention (adjusted).
Business Days:    New York/Charlotte/London
Interest Periods:    Quarterly
Interest Determination Dates:    Second London banking day prior to applicable Interest Reset Date
Listing:    None
Lead Manager and Sole Book-Runner:    Merrill Lynch, Pierce, Fenner & Smith Incorporated
Senior Co-Managers:   

ABN AMRO Securities (USA) LLC

BBVA Securities Inc.

BMO Capital Markets Corp.

BNY Mellon Capital Markets, LLC

Capital One Securities, Inc.

Commonwealth Bank of Australia

Credit Agricole Securities (USA) Inc.

Deutsche Bank Securities Inc.

ICBC Standard Bank Plc

ING Financial Markets LLC

Lloyds Securities Inc.

Mizuho Securities USA LLC

Natixis Securities Americas LLC

Rabo Securities USA, Inc.

RB International Markets (USA) LLC

RBS Securities Inc. (marketing name “NatWest Markets”)

Santander Investment Securities Inc.

 

1

  

Scotia Capital (USA) Inc.

SG Americas Securities, LLC

SMBC Nikko Securities America, Inc.

Standard Chartered Bank

UBS Securities LLC

UniCredit Capital Markets LLC

Westpac Capital Markets, LLC

Junior Co-Managers:   

Academy Securities, Inc

Apto Partners, LLC

R. Seelaus & Co., Inc.

The Williams Capital Group, L.P.

CUSIP:   

06051GHE2

ISIN:   

US06051GHE26

Concurrent Offerings:   

$3,000,000,000 3.550% Fixed/Floating Rate Senior Notes, due March 2024

$2,500,000,000 3.970% Fixed/Floating Rate Senior Notes, due March 2029

The settlement of the Notes is not contingent on the settlement of either of the concurrent offerings.

Optional Redemption:   

The Issuer may redeem the Notes, at its option, in whole, but not in part, on March 5, 2023 upon at least 10 business days’ but not more than 60 calendar days’ prior written notice to holders of the Notes, at a redemption price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest, if any, thereon to, but excluding, the redemption date.

 

Notwithstanding the foregoing, any interest on Notes being redeemed that is due and payable on an Interest Payment Date falling on or prior to a redemption date for such Notes will be payable on such Interest Payment Date to holders of such Notes being redeemed as of the close of business on the relevant record date according to the terms of the Notes and the Senior Indenture.

 

Unless the Issuer defaults on payment of the redemption price, interest will cease to accrue on the Notes on the redemption date.

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.

.

 

2