Filed Pursuant to Rule 433
Registration No. 333-202354
BANK OF AMERICA CORPORATION
MEDIUM-TERM NOTES, SERIES L
$500,000,000
FLOATING RATE SENIOR NOTES, DUE APRIL 2021
FINAL TERM SHEET
Dated April 14, 2016
| Issuer: | Bank of America Corporation | |
| Ratings of this Series: | Baa1 (Moody’s)/BBB+ (S&P)/A (Fitch) | |
| Title of the Series: | Floating Rate Senior Notes, due April 2021 | |
| Aggregate Principal Amount Initially Being Issued: | $500,000,000 | |
| Issue Price: | 100.00% | |
| Trade Date: | April 14, 2016 | |
| Settlement Date: | April 19, 2016 (T+3) | |
| Maturity Date: | April 19, 2021 | |
| 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) | |
| Index Maturity: | 90 days | |
| Spread: | 142 basis points | |
| Interest Payment Dates and Interest Reset Dates: | January 19, April 19, July 19, and October 19 of each year, commencing on July 19, 2016, subject to adjustment in accordance with the modified following business day convention (adjusted). | |
| Interest Periods: | Quarterly | |
| Interest Determination Dates: | Second London banking day prior to applicable Interest Reset Date | |
| 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 ANZ Securities, Inc. BBVA Securities Inc. BNY Mellon Capital Markets, LLC Capital One Securities, Inc. Commerz Markets LLC Danske Markets Inc. Deutsche Bank Securities Inc. ING Financial Markets LLC J.P. Morgan Securities LLC Lloyds Securities Inc. Mizuho Securities USA Inc. nabSecurities, LLC Natixis Securities Americas LLC Rabo Securities USA, Inc. RBS Securities Inc. Santander Investment Securities Inc. | |
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| Scotia Capital (USA) Inc. SG Americas Securities, LLC SMBC Nikko Securities America, Inc. Standard Chartered Bank TD Securities (USA) LLC The Huntington Investment Company UniCredit Capital Markets LLC | ||
| Junior Co-Managers: | Drexel Hamilton, LLC Samuel A. Ramirez & Company, Inc. Siebert Brandford Shank & Co., L.L.C. The Williams Capital Group, L.P. | |
| CUSIP:
ISIN: |
06051GFV6
US06051GFV68 | |
| Concurrent Offering: | $2,000,000,000 2.625% Senior Notes, due April 2021
$2,500,000,000 3.500% Senior Notes, due April 2026
The settlement of the Floating Rate Senior Notes, due April 2021 is not contingent on the settlement of either of the concurrent offerings. | |
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.
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