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BAC Capital Trust V, 6.00% Capital Securities
Ticker Symbol: BAC-Y*     CUSIP: 055184204     Exchange: NYSE
Security Type:   Trust Preferred Security
* NOTE: This security is no longer trading as of 11/05/12

Security has been Called for:  Monday, November 5, 2012

Oct 4, 2012 -- Bank of America Corporation announced that it will submit redemption notices to the property trustee for each trust listed in the table below, which will result in the redemption of all of the trust preferred securities of each such trust. The redemption date for the Floating Rate Preferred Securities issued by Progress Capital Trust III is November 15, 2012. The redemption date for all other trust preferred securities in the table below is November 5, 2012. The trust preferred securities will be redeemed at the applicable redemption price (as a percentage of the liquidation amount) listed in the table below, plus accrued and unpaid distributions on the trust preferred securities to the redemption date also listed in the table below. CUSIP No. Trust Title of Security NYSE Ticker Symbol Aggregate Liquidation Amount Outstanding Redemption Price Accrued and Unpaid Distributions per Security Trustee/Paying Agent 055187207 BAC Capital Trust I 7% Capital Securities BAC PrW $574,438,900 ($25 per Security) 100% $0.243056 The Bank of New York Mellon Trust Company, N.A. 055188205 BAC Capital Trust II 7% Capital Securities BAC PrV $897,875,000 ($25 per Security) 100% $0.019444 The Bank of New York Mellon Trust Company, N.A. 05518E202 BAC Capital Trust III 7% Capital Securities BAC PrX $499,500,000 ($25 per Security) 100% $0.388889 The Bank of New York Mellon Trust Company, N.A. 055185201 BAC Capital Trust IV 5 7/8% Capital Securities BAC PrU $352,525,000 ($25 per Security) 100% $0.016319 The Bank of New York Mellon Trust Company, N.A. 055184204 BAC Capital Trust V 6% Capital Securities BAC PrY $496,825,000 ($25 per Security) 100% $0.008333 The Bank of New York Mellon Trust Company, N.A. 05633T209 BAC Capital Trust XII 6 7/8% Capital Securities BAC PrC $862,500,000 ($25 per Security) 100% $0.014323 The Bank of New York Mellon Trust Company, N.A. 065912AA5 BankAmerica Institutional Capital B 7.7% Capital Securities, Series B — $300,000,000 ($1,000 per Security) 101.8893% $26.736111 Deutsche Bank Trust Company Americas 628958AB6 NB Capital Trust II 7.83% Capital Securities — $289,119,000 ($1,000 per Security) 101.958% $30.450000 The Bank of New York Mellon Trust Company, N.A. 74326WAA9 Progress Capital Trust III Floating Rate Preferred Securities $10,000,000 ($1,000 per Security) 100% (1) The Bank of New York Mellon Trust Company, N.A. __________ (1) Accrued quarterly distributions of $9.46125 per security will be paid on November 15, 2012 to holders of record on October 31, 2012 in the customary manner.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  BAC Capital Trust V, 6.00% Capital Securities, guaranteed by Bank of America Corp. (NYSE: BAC) (See our definition of Guaranteed in our Glossary of Income Investing Terms for the technicalities of the guarantee), liquidation amount $25 per share, redeemable at the issuer's option on or after 11/03/2009 at $25 per share plus accrued and unpaid dividends, maturing 11/03/2034 which may be extended to 11/03/2053, distributions of 6.00% ($1.50) per annum are paid quarterly on 2/3, 5/3, 8/3 & 11/3 to holders of record one business day prior to the payment date while the securities remain in book-entry form. The company has the right, at any time, to defer dividend payments for up to 20 consecutive quarters (but not beyond the maturity date). The trust's assets consist of the 6% Junior Subordinated Deferrable Interest Notes due 11/03/2034, which may be extended to 11/03/2053, which were purchased from the company using the funds generated from the sale of the trust preferred securities. See the IPO prospectus for further information on the trust preferred securities by clicking on the ‘Link to IPO Prospectus’ provided below.
Cpn Rate
Ann Amt
Call Date
Matur Date
Distribution Dates 15%
Tax Rate
Called for

Ba1 / BB+
2/3, 5/3, 8/3 & 11/3
Click for MW ExDiv Date
Click for Yahoo ExDiv Date

Goto Parent Company's Record (BAC)

IPO - 10/26/2004 - 20.00 Million Shares @ $25.00/share.    Link to IPO Prospectus
Market Value $ 500 Million

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Company's Email Address Links
Email Address

Address and Phone Numbers
Address:   100 North Tryon Street, Charlotte, NC 28255
Main Phone Number 704-386-5681
Fax Number 980-386-6699
Investor Relations   Kevin Stitt 980-386-5667
Toll Free Phone Number 800-299-2265
CEO -  Brian T. Moynihan CFO -  Charles H. Noski

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