Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
May 23 2016 - 6:05AM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration No. 333-202354
MARKET-LINKED STEP UP NOTES
|
Market-Linked Step Up Notes Linked to the MSCI Emerging Markets Index
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This graph reflects the hypothetical return on the notes, based on the mid-point of the range(s) set forth in the table to the left. This graph has been prepared for purposes of illustration only
.
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Issuer
|
Bank of America Corporation (BAC)
|
Principal Amount
|
$10.00 per unit
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Term
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Approximately two years
|
Market Measure
|
MSCI Emerging Markets Index (Bloomberg symbol: MXEF)
|
Payout Profile at Maturity
|
●
If the Market Measure is flat or increases up to the Step Up Value, a return equal to the Step Up Payment
●
If the Market Measure increases above the Step Up Value, a return equal to the percentage increase in the Market Measure
●
1-to-1 downside exposure to decreases in the Market Measure, with up to 100% of your principal at risk
|
Step Up Value
|
[114% to 120]% of the Starting Value, to be determined on the pricing date
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Step Up Payment
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[$1.40 to $2] per unit, a [14% to 20]% return over the principal amount, to be determined on the pricing date
|
Threshold Value
|
100% of the Starting Value
|
Interest Payments
|
None
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Preliminary Offering Documents
|
|
Exchange
Listing
|
No
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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:
●
|
Depending on the performance of the Market Measure as measured shortly before the maturity date, your investment may result in a loss; there is no guaranteed return of principal.
|
●
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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.
|
●
|
The initial estimated value of the notes on the pricing date will be less than their public offering price.
|
●
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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.
|
●
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You will have no rights of a holder of the securities represented by the Market Measure, and you will not be entitled to receive securities or dividends or other distributions by the issuers of those securities.
|
●
|
Your return on the notes and the value of the notes may be affected by exchange rate movements and factors affecting the international securities markets
.
|
●
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An investment in the notes will involve risks associated with investments that are linked to the equity securities of issuers from emerging markets.
|
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.
Bank of America Corporation (BAC) has filed a registration statement (wh
ich 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
w
ebsite at www.sec.gov. BAC
’
s Central
Ind
ex Key, or ClK, 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 1-8
00
-294-1322. 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.
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