Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
September 14 2017 - 6:04AM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration
No. 333-202354
BANK OF AMERICA CORPORATION
MEDIUM-TERM NOTES, SERIES M
$750,000,000
FLOATING
RATE SENIOR NOTES, DUE OCTOBER 2021
FINAL TERM SHEET
Dated September 13, 2017
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Issuer:
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Bank of America Corporation
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Ratings of this Series:
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Baa1 (Moody’s)/BBB+ (S&P)/A (Fitch)
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Title of the Series:
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Floating Rate Senior Notes, due October 2021 (the “Notes”)
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Aggregate Principal Amount Initially Being Issued:
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$750,000,000
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Issue Price:
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100.00%
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Trade Date:
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September 13, 2017
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Settlement Date:
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September 18, 2017 (T+3)
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Maturity Date:
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October 1, 2021
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Ranking:
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Senior
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Minimum Denominations:
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$2,000 and multiples of $1,000 in excess of $2,000
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Day Count Fraction:
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Actual/360
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Base Rate:
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Three-Month LIBOR (Reuters Page LIBOR01)
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Index Maturity:
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90 days
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Spread:
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65 basis points
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Interest Payment Dates and Interest Reset Dates:
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January 1, April 1, July 1 and October 1 of each year, beginning January 1, 2018, subject to adjustment in accordance with the modified following business day convention (adjusted). The initial Interest
Period will be the period from, and including, the Settlement Date to, but excluding, January 1, 2018, the initial Interest Payment Date.
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Interest Periods:
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Quarterly
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Interest Determination Dates:
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Second London banking day prior to applicable Interest Reset Date
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Listing:
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None
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Lead Manager and Sole Book-Runner:
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Merrill Lynch, Pierce, Fenner & Smith Incorporated
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Senior
Co-Managers:
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BBVA Securities Inc.
BNY Mellon Capital
Markets, LLC
Capital One Securities, Inc.
Credit Agricole
Securities (USA) Inc.
Danske Markets Inc.
Deutsche Bank
Securities Inc.
HSBC Securities (USA) Inc.
ICBC Standard Bank
Plc
ING Financial Markets LLC
Lloyds Securities Inc.
Mizuho Securities USA LLC
nabSecurities, LLC
Natixis Securities Americas LLC
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1
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Rabo Securities USA, Inc.
RB International
Markets (USA) LLC
RBS Securities Inc.
Santander Investment
Securities Inc.
Scotia Capital (USA) Inc.
SG Americas
Securities, LLC
SMBC Nikko Securities America, Inc.
Standard
Chartered Bank
The Huntington Investment Company
UniCredit
Capital Markets LLC
Westpac Capital Markets, LLC
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Junior
Co-Managers:
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Academy Securities, Inc
Great Pacific
Securities
Samuel A. Ramirez & Company, Inc.
The
Williams Capital Group, L.P.
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CUSIP:
ISIN:
Concurrent Offerings:
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06051GGU7
US06051GGU76
$2,000,000,000 2.328% Fixed/Floating Rate Senior Notes, due October 2021
$1,750,000,000 3.093% Fixed/Floating Rate Senior Notes, due October 2025
The Issuer is also offering C$500mm Fixed/Floating Rate Senior Notes, due September 2025.
The settlement of the Notes is not contingent on the settlement of any of the concurrent offerings.
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Optional Redemption:
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The Issuer may redeem the Notes, at its option, in whole, but not in part, on October 1, 2020, 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.
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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
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