New Issue: Bank of America sells $91.85 million of senior unsecured notes in two tranches

By Susanna Moon

Chicago, March 2 - Bank of America Corp. priced $22.18 million of 5.35% senior unsecured notes due March 15, 2018 and $69.67 million of 4.4% senior unsecured notes due March 15, 2015, according to a 424B3 filing with the Securities and Exchange Commission.

The non-callable notes (A2/A/A+) priced at par.

Bank of America Merrill Lynch and Incapital LLC are the lead managers and lead agents.

Charles Schwab & Co., Inc., Citi, Morgan Stanley, UBS Investment Bank and Wells Fargo Advisors are also agents for the deal.

The bank holding and financial services company is based in Charlotte, N.C.

Issuer:	Bank of America Corp.
Issue:	Senior unsecured notes
Amount:	$91,852,000
Call option:	Non-callable
Lead managers:	Bank of America Merrill Lynch and Incapital LLC
Agents:	Charles Schwab & Co., Inc., Citi, Morgan Stanley, UBS Investment Bank and Wells Fargo Advisors
Trade date:	March 1
Settlement date:	March 4
Ratings:	Moody's: A2
	Standard & Poor's: A
	Fitch: A+
First tranche
Amount:	$22,182,000
Maturity:	March 15, 2018
Coupon:	5.35%
Price:	Par
Second tranche
Amount:	$69.67 million
Maturity:	March 15, 2015
Coupon:	4.4%
Price:	Par

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