Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
August 11 2016 - 4:29PM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration No. 333-202354
COUPON BEARING NOTES
|
Coupon Bearing Notes Linked to the Common Stock of Citigroup Inc.
|
Issuer
|
Bank of America Corporation (BAC)
|
Principal Amount
|
$10.00 per unit
|
Underlying Stock
|
Common Stock of Citigroup Inc. (the Underlying Company) (NYSE symbol: C)
|
Term
|
Approximately one year and one week
|
Interest
Payments
|
[6.00% to 7.00%] per annum, paid quarterly
|
Payout Profile
at Maturity
|
●
No participation in any increase in the price of the Underlying Stock, and the Redemption Amount at maturity will not exceed the principal amount per unit
●
1-to-1 downside exposure to decreases in
the Underlying Stock beyond a 5.00%
decline, with up to
95.00%
of your principal at risk
|
Threshold Value
|
95.00% of the Starting Value of the Underlying Stock
|
Preliminary Offering Documents
|
https://www.sec.gov/Archives/edgar/data/70858/000152041216004881/bac-iy2clbrnfj5xnkkj_1559.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:
●
|
Depending on the performance of the Underlying Stock as measured shortly before the maturity date, 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 is limited to the return represented by the periodic interest payments over the term of the notes, 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
have not verified
any disclosure made by the Underlying Company. The Underlying Company will have no obligations relating to the notes.
|
●
|
The
payments on the notes
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 D
ocuments
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-
800
-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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