Filed Pursuant to Rule 433
Registration No. 333-202354
BANK OF AMERICA CORPORATION
MEDIUM-TERM NOTES, SERIES L
$2,500,000,000
3.875% SENIOR NOTES, DUE AUGUST 2025
FINAL TERM SHEET
Dated July 27, 2015
| Issuer: | Bank of America Corporation | |
| Ratings of this Series: | Baa1 (Moody’s)/A- (S&P)/A (Fitch) | |
| Title of the Series: | 3.875% Senior Notes, due August 2025 | |
| Aggregate Principal Amount Initially Being Issued: |
$2,500,000,000 | |
| Issue Price: | 99.819% | |
| Trade Date: | July 27, 2015 | |
| Settlement Date: | July 30, 2015 (T+3) | |
| Maturity Date: | August 1, 2025 | |
| Ranking: | Senior | |
| Minimum Denominations: | $2,000 and multiples of $1,000 in excess of $2,000 | |
| Day Count Fraction: | 30/360 | |
| Interest Rate: | 3.875% per annum | |
| Interest Payment Dates: | February 1 and August 1 of each year, beginning February 1, 2016, subject to following unadjusted business day convention | |
| Interest Periods: | Semi-annual. The initial Interest Period will be the period from, and including, the Settlement Date to, but excluding, February 1, 2016, the initial Interest Payment Date. The subsequent Interest Periods will be the periods from, and including, the applicable Interest Payment Date to, but excluding, the next Interest Payment Date or the Maturity Date, as applicable. | |
| Treasury Benchmark: | 10 year U.S. Treasury, due May 15, 2025 | |
| Treasury Yield: | 2.227% | |
| Treasury Benchmark Price: | 99-03+ | |
| Spread to Treasury Benchmark: | +167 bps | |
| Reoffer Yield: | 3.897% | |
| Optional Redemption: | None | |
| Listing: | None | |
| Lead Manager and Sole Book-Runner: | Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
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| Senior Co-Managers: | ANZ Securities, Inc. BNY Mellon Capital Markets, LLC Capital One Securities, Inc. Commerz Markets LLC Danske Markets Inc. J.P. Morgan Securities LLC Lloyds Securities Inc. Mitsubishi UFJ Securities (USA), Inc. nabSecurities, LLC Nykredit Bank A/S Rabo Securities USA, Inc. RBS Securities Inc. SMBC Nikko Securities America, Inc. The Huntington Investment Company UniCredit Capital Markets LLC | |
| Junior Co-Managers: | CastleOak Securities, L.P. Loop Capital Markets LLC Mischler Financial Group, Inc. The Williams Capital Group, L.P. | |
| CUSIP: | 06051GFS3 | |
| ISIN: | US06051GFS30 | |
Bank of America Corporation (the “Issuer”) has filed a registration statement (including 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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