New Issue: Bank of America sells $500 million five-year notes at par to yield Libor plus 145 bps

By Andrea Heisinger

New York, May 17 - Bank of America Corp. priced $500 million of five-year senior floating-rate notes on Tuesday at par to yield three-month Libor plus 145 basis points, according to an FWP filing with the Securities and Exchange Commission.

The notes (A2/A/A+) are non-callable.

Bank of America Merrill Lynch handled the books.

Co-managers were Commerz Markets LLC, Deutsche Bank Securities Inc., Lloyds Securities Inc., Mizuho Securities USA Inc., Natixis Securities North America Inc., Nomura Securities International, Inc., SG Americas Securities, LLC and UBS Securities LLC.

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

Issuer:	Bank of America Corp.
Issue:	Senior floating-rate notes
Amount:	$500 million
Maturity:	May 24, 2016
Bookrunner:	Bank of America Merrill Lynch
Co-managers:	Commerz Markets LLC, Deutsche Bank Securities Inc., Lloyds Securities Inc., Mizuho Securities USA Inc., Natixis Securities North America Inc., Nomura Securities International, Inc., SG Americas Securities, LLC, UBS Securities LLC
Coupon:	Three-month Libor plus 145 bps
Price:	Par
Yield:	Three-month Libor plus 145 bps
Call:	Non-callable
Trade date:	May 17
Settlement date:	May 24
Ratings:	Moody's: A2
	Standard & Poor's: A
	Fitch: A+

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