We have the right to appoint and remove the calculation agent. If you attempt to sell the notes prior to maturity, their market value may be lower than the price you paid for them and lower than the initial estimated value. The calculation day is subject to postponement in the event of Market Disruption Events, as described beginning on page S of product supplement SUN The terms and risks of the notes are contained in this term sheet and in the following: STOXX does not make any warranty, express or implied, and disclaims any and all warranty concerning: This is the hypothetical Threshold Value. Neither we nor any of our affiliates, including the selling agent, accepts any responsibility for the calculation, maintenance, or publication of, or for any error, omission, or disruption in, the Index or any successor to the Index.

On the pricing date, the closing level of the Index was 2, This generally relatively lower implied borrowing rate, which is reflected in the economic terms of the notes, along with the fees and charges associated with market-linked notes, resulted in the initial estimated value of the notes on the pricing date being less than their public offering price. You may wish to consider an investment in the notes if: The following table and examples are for purposes of illustration only. This is the hypothetical Threshold Value. A the Eurex or any successor is open for trading; and. Holders are urged to consult with their own tax advisors regarding the possible implications of this recently enacted legislation on their investment in the notes. B the Index or any successor thereto is calculated and published.

Other Terms of the Notes.

The actual value of your notes at any time will reflect many factors and cannot be predicted with accuracy. The notes may not be an appropriate 9irh for you if: STOXX disclaims all responsibility for any errors or omissions in the calculation and dissemination of the Index or the manner in which the Index is applied in determining the amount payable on the notes at maturity.

The following examples do not take into account any tax consequences from investing in the notes.

On the cover page of this term sheet, we have provided the initial estimated value range for the notes. Corporate actions including initial public offerings, mergers and takeovers, spin-offs, delistings, and bankruptcy that affect the Index composition are immediately reviewed. Your return xction the notes and the value of the notes may be affected by exchange rate movements and factors affecting the international securities markets, including economic, financial, social and political conditions.

Supplement to the Plan of Distribution; Conflicts of Interest.

Payments on the notes are subject to our credit risk, and actual or perceived changes in our creditworthiness are expected to affect the value of the notes. The following description is meant solely for informational purposes and is not intended to represent any particular Enhanced Return Market-Linked Investment or guarantee any performance.


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Market Measure Business Day. The actual amount you receive and the resulting total rate of return will depend on the actual Starting Value, Threshold Value, Ending Value, Step Up Value, and whether you hold the notes to maturity.

Proposed Maximum Aggregate Offering Price. The Index is a price return index and as such the Ending Value will not include any income generated by dividends paid on the stocks included in the Index, which you would otherwise be entitled to receive if you invested in those stocks directly. These pricing models consider certain assumptions and variables, including our credit spreads, our implied borrowing rate on the pricing date, mid-market terms on hedging transactions, expectations on interest rates and volatility, price-sensitivity analysis, and the expected term of the notes.

If we become insolvent or are unable to pay our obligations, you may lose your entire investment. The green line reflects the returns on the notes, while the dotted gray line reflects the returns of a direct investment in the stocks included in the Index, excluding dividends.

You seek interest payments or other current income on your investment. B the Index or any successor thereto is calculated and published. STOXX will not have any liability in connection with the notes. Limited secondary market liquidity, with no exchange listing. These pricing models rely in part on certain forecasts about future events, which may prove to be incorrect.

You are willing to assume our credit risk, as issuer of the notes, for all payments under the notes, including the Redemption Amount. You are willing to accept a limited market for sales prior to maturity, and understand that the market prices for the notes, if any, will be affected by various factors, including our actual and perceived creditworthiness, the implied borrowing rate and fees and charges on the notes.

STOXX has no relationship to us, other than the licensing of the Index and the related trademarks for use in connection with the notes. All payments occur at maturity and are subject to the credit risk of Bank of America Corporation.

Changes within the Eurozone could adversely affect the performance of the Index and, consequently, the value of the notes.

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In addition, because market-linked notes result in increased operational, funding and liability management costs to us, we typically borrow the funds under these notes at a rate that is more favorable to us than the rate that we might pay for a conventional fixed or acion rate debt security. Validity of the Notes. We have the right to appoint and remove the calculation agent.

Are Not Bank Guaranteed.

The value of your notes at any time after issuance will vary based on many factors that cannot actuon predicted with accuracy, including the performance of the Index, our creditworthiness and changes in market conditions. The historical Index levels do not give an indication of future performance of 9irrch Index.


Before you invest, you should read the Note Prospectus, including this term sheet, for 9irh about us and this offering. If the Ending Value is greater than the Step Up Value, you will participate on a 1-for-1 basis in the increase in the level of the Index above the Starting Value. Settlement Date May 2, The hypothetical Starting Value of used in these examples has been chosen for illustrative purposes only. You are willing to forgo the interest payments that are paid on conventional interest bearing debt securities.

Under this characterization and tax treatment of the notes, a U.

Final Term Sheet

You are willing to risk a loss of principal and return if the Index decreases from the Starting Value to an Ending Value that is below the Threshold Value. STOXX, which owns the copyright and all other rights to the Index, has no obligation to continue to publish, and may discontinue publication of, the Index.

Depending on the performance of the Index as measured shortly before the maturity date, your investment may fillm in a loss; there is no 9lrch return of principal. Title of Each Class of Securities to be Registered. Changes to the component stocks are implemented on the third Friday in September and are effective the following trading day.

While we or our affiliates may from time to time own securities of companies included in the Index we do not control any company included in the Index, and are not responsible for any disclosure made by any other company. In the original offering of the notes, the notes will be sold in minimum investment amounts of units.

These factors, together with various credit, market and economic factors over the term of the notes, are expected to reduce the price at which you may be able to sell the notes in any secondary market and will affect the value of the notes in complex and unpredictable ways. The public offering price you pay for the notes exceeds the initial estimated value.

We will deliver the notes against payment qction in New York, New York on a date that is greater than three business days following the pricing date. Redemption Amount Determination On the maturity date, you will receive a cash payment per unit determined acttion follows: