|
Bank of America, Market-Linked Step Up Notes S&P 500 Index due 10/28/2011
Ticker Symbol: SKN* CUSIP: 06052E434 Exchange: NYSEA
* NOTE: This security is no longer trading as of 10/28/2011
QUANTUMONLINE.COM SECURITY DESCRIPTION: Bank of America Corp., Market-Linked Step Up Notes linked to the S&P 500 Index, due 10/28/2011, and issued at $10 per unit. The notes will make no payments before maturity, are not redeemable prior to maturity, and make no guarantee of the return of principal at maturity. At maturity the holder will receive a payment based on the change in the S&P 500 index, starting value 1,042.63 as of 10/28/2009. If the Index is unchanged or has increased on the calculation day of 10/21/2011 but does not exceed the step up value of 1,278.26, the maturity payment will be 122.60% of the initial offering price or $12.26 per unit. If the ending value of the Index is greater than the step up value, the maturity payment will be $10 plus $10 times the index's percentage increase. If the ending value of the Index is less than its starting value, the maturity payment will be $10 minus $10 times the index's percentage decrease. As a result, the maturity payment may be less, and possibly significantly less, than the $10 offering price with up to 100% of the principal at risk. See page TS-2 of the prospectus for further details on the maturity payment calculations, page TS-3 for hypothetical examples of the maturity payment, page TS-7 for information on the Index, and page TS-10 for a discussion of the tax considerations of the notes. The notes are senior unsecured debt securities issued by Bank of America Corp. and rank equally with all of their other unsecured and unsubordinated debt of the company. See the IPO prospectus for further information on the notes by clicking on the ‘Link to IPO Prospectus’ provided below.
|
Go to Parent Company's Record (BAC)
IPO - 10/30/2009 - 10.42 Million Units @ $10.00/unit.
Link to IPO Prospectus
Market Value $104.0 Million
Company's Online Information Links
|
Company's Online SEC EDGAR Filings |
Company's Email Address Links |
Address and Phone Numbers |
Address: 100 N. Tryon Street, Charlotte, NC 28255 |
Main Phone Number |
704-386-5681 |
Fax Number |
980-386-6699 |
Investor Contact
Kevin Stitt
|
212-449-3008
|
Toll Free Phone Number |
800-299-2265 |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|