Obbligazione America Bank Corporation 8% ( US060505DR26 ) in USD

Emittente America Bank Corporation
Prezzo di mercato 100 USD  ▼ 
Paese  Stati Uniti
Codice isin  US060505DR26 ( in USD )
Tasso d'interesse 8% per anno ( pagato 2 volte l'anno)
Scadenza perpetue - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Bank of America Corporation US060505DR26 in USD 8%, scaduta


Importo minimo 25 000 USD
Importo totale 6 000 000 000 USD
Cusip 060505DR2
Standard & Poor's ( S&P ) rating BBB- ( Lower medium grade - Investment-grade )
Moody's rating N/A
Descrizione dettagliata Bank of America Corporation è una delle maggiori istituzioni finanziarie globali, offrendo una vasta gamma di servizi bancari e finanziari a privati, aziende e istituzioni.

The Obbligazione issued by America Bank Corporation ( United States ) , in USD, with the ISIN code US060505DR26, pays a coupon of 8% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is perpetue
The Obbligazione issued by America Bank Corporation ( United States ) , in USD, with the ISIN code US060505DR26, was rated BBB- ( Lower medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







Bank of America Corporation
424B5 1 g11341wke424b5.htm BANK OF AMERICA CORPORATION
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Bank of America Corporation
Table of Contents
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-133852
CALCULATION OF REGISTRATION FEE








Title of Each Class


Amount


Proposed


Proposed Maximum

Amount of


of Securities to be


to be


Maximum Offering

Aggregate


Registration


Registered


Registered


Price Per Unit


Offering Price


Fee(1)


Depositary Shares

6,000,000

$1,000
$6,000,000,000
$235,800.00

(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933.


6,000,000 Depositary Shares, Each Representing a 1/25th Interest in a
Share of Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K
Bank of America Corporation is offering 6,000,000 depositary shares, each representing a 1/25th interest in a
share of our perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K, $0.01 par value, with a
liquidation preference of $25,000 per share (equivalent to $1,000 per depositary share) (the "Preferred Stock").
Each depositary share entitles the holder, through the depository, to a proportional fractional interest in all rights
and preferences of the Preferred Stock represented by the depositary share.
We may redeem the Preferred Stock on any dividend payment date on or after January 30, 2018, in whole or in
part, at a redemption price equal to $25,000 per share (equivalent to $1,000 per depositary share), plus any
declared and unpaid dividends, without accumulation of any undeclared dividends.
We will pay dividends on the Preferred Stock, when, as, and if declared by our board of directors or a duly
authorized committee of our board, from the date of issuance to, but excluding, January 30, 2018 at a rate of
8.00% per annum (equivalent to $80 per depositary share), payable semi-annually, in arrears, on January 30 and
July 30 of each year, beginning on July 30, 2008. Thereafter, we will pay declared dividends at a floating rate
equal to three-month LIBOR plus a spread of 3.63% per annum, payable quarterly, in arrears, on January 30,
April 30, July 30, and October 30 of each year. Dividends on the Preferred Stock will not be cumulative.
We do not intend to list the depositary shares or the Preferred Stock on any securities exchange.
Investing in the depositary shares involves risks. See "Risk Factors" beginning on page S-7.



The depositary shares are unsecured and are not savings accounts, deposits, or other obligations of a bank. The
depositary shares are not guaranteed by Bank of America, N.A. or any other bank and are not insured by the
Federal Deposit Insurance Corporation or any other governmental agency.
Neither the Securities and Exchange Commission nor any state securities commission has approved or
disapproved of these securities or passed upon the adequacy or accuracy of this prospectus supplement or the
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Bank of America Corporation
attached prospectus. Any representation to the contrary is a criminal offense.










Per Depositary




Share

Total


Public offering price(1)
$
1,000 $ 6,000,000,000
Underwriting commissions

10 60,000,000









Proceeds (before expenses)(1)
$
990 $ 5,940,000,000

(1) Plus accrued dividends, if any, from January 30, 2008 to the date of delivery.
We will deliver the depositary shares in book-entry only form through the facilities of The Depository Trust
Company on or about January 30, 2008.

Sole Book-Runner
Banc of America Securities LLC
Morgan Stanley
UBS Investment Bank
Loop Capital Markets, LLC
The Williams Capital Group, L.P.


Prospectus Supplement to Prospectus dated May 5, 2006

January 24, 2008
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Bank of America Corporation


TABLE OF CONTENTS

Prospectus Supplement





Page


About this Prospectus Supplement

S-3
Summary

S-4
Risk Factors

S-7
Description of the Preferred Stock

S-10
General

S-10
Dividends

S-10
Liquidation Rights

S-13
Optional Redemption

S-13
Voting Rights

S-14
Preemptive and Conversion Rights

S-14
Simultaneous Offering of Convertible Preferred Stock

S-15
Outstanding Preferred Stock

S-15
Authorized Classes of Preferred Stock

S-15
Additional Classes or Series of Stock

S-21
Depository, Transfer Agent, and Registrar

S-21
Calculation Agent

S-21
Description of the Depositary Shares

S-22
General

S-22
Dividends and Other Distributions

S-22
Redemption of Depositary Shares

S-23
Voting the Preferred Stock

S-23
Form and Notices

S-23
Registration and Settlement

S-24
Book-Entry System

S-24
Same Day Settlement

S-24
Payment of Dividends

S-24
Notices

S-25
U.S. Federal Income Tax Considerations

S-26
ERISA Considerations

S-27
Underwriting

S-28
Selling Restrictions

S-29
Legal Matters

S-35

Prospectus


Page


About this Prospectus

3
Prospectus Summary

4
Risk Factors

8
Currency Risks

8
Other Risks

9
Bank of America Corporation

11
General

11
Business Segment Information

11
Regulatory Considerations

11
Acquisitions and Sales

11
Use of Proceeds

12
Description of Debt Securities

13
General

13
The Indentures

13
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Bank of America Corporation
Form and Denomination of Debt Securities

14
Different Series of Debt Securities

14
Fixed-Rate Notes

15
Floating-Rate Notes

16
Indexed Notes

23
Floating-Rate/Fixed-Rate/Indexed Notes

23
Original Issue Discount Notes

24
Payment of Principal, Interest, and Other Amounts Due

24
No Sinking Fund

26
Redemption

26
Repayment

27
Repurchase

27
Conversion

27
Exchange, Registration, and Transfer

27
Subordination

28
Sale or Issuance of Capital Stock of Banks

29
Limitation on Mergers and Sales of Assets

29
Waiver of Covenants

30
Modification of the Indentures

30
Meetings and Action by Securityholders

30
Defaults and Rights of Acceleration

30
Collection of Indebtedness

31
Payment of Additional Amounts

31
Redemption for Tax Reasons

34
Defeasance and Covenant Defeasance

34
Notices

35
Concerning the Trustees

35
Governing Law

35
Description of Warrants

36
General

36
Description of Debt Warrants

36
Description of Universal Warrants

37
Modification

38
Enforceability of Rights of Warrantholders; No Trust Indenture Act Protection

38
Unsecured Obligations

38
Description of Purchase Contracts

38
General

38
Purchase Contract Property

39
Information in Prospectus Supplement

39
Prepaid Purchase Contracts; Applicability of Indenture

40
Non-Prepaid Purchase Contracts; No Trust Indenture Act Protection

40
Pledge by Holders to Secure Performance

41
Settlement of Purchase Contracts That Are Part of Units

41
Failure of Holder to Perform Obligations

42
Unsecured Obligations

42
Description of Units

42
General

42
Unit Agreements: Prepaid, Non-Prepaid, and Other

43
Modification

43
Enforceability of Rights of Unitholders; No Trust Indenture Act Protection

43
Unsecured Obligations

44
Description of Preferred Stock

44
General

44
The Preferred Stock

44
Authorized Classes of Preferred Stock

45
Description of Depositary Shares

48
General

48
Terms of the Depositary Shares

48
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Bank of America Corporation
Withdrawal of Preferred Stock

49
Dividends and Other Distributions

49
Redemption of Depositary Shares

49
Voting the Deposited Preferred Stock

50
Amendment and Termination of the Deposit Agreement

50
Charges of Depository

50
Miscellaneous

50
Resignation and Removal of Depository

51
Description of Common Stock

51
General

51
Voting and Other Rights

51
Dividends

52
Registration and Settlement

52
Book-Entry Only Issuance

52
Certificates in Registered Form

52
Street Name Owners

53
Legal Holders

53
Special Considerations for Indirect Owners

53
Depositories for Global Securities

54
Special Considerations for Global Securities

57
Registration, Transfer, and Payment of Certificated Securities

58
U.S. Federal Income Tax Considerations

58
Taxation of Debt Securities

60
Taxation of Common Stock, Preferred Stock, and Depositary Shares

72
Taxation of Warrants

77
Taxation of Purchase Contracts

77
Taxation of Units

77
Reportable Transactions

77
EU Directive on the Taxation of Savings Income

78
Plan of Distribution

79
Distribution Through Underwriters

79
Distribution Through Dealers

80
Distribution Through Agents

80
Direct Sales

80
General Information

80
Market-Making Transactions by Affiliates

81
ERISA Considerations

82
Where You Can Find More Information

85
Forward-Looking Statements

86
Legal Matters

86
Experts

87

S-2
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Bank of America Corporation
Table of Contents

ABOUT THIS PROSPECTUS SUPPLEMENT
This prospectus supplement describes the specific terms of the Preferred Stock and the related depositary
shares, and supplements the description of our preferred stock and depositary shares included in the attached
prospectus. In considering an investment in the depositary shares, you should rely only on the information
included or incorporated by reference in this prospectus supplement and the attached prospectus. We have not
authorized any other person to provide you with different information. If anyone provides you with different
or inconsistent information, you should not rely on it. If information in this prospectus supplement is
inconsistent with the attached prospectus, the information in this prospectus supplement supersedes the
information in the attached prospectus. The delivery of this prospectus supplement, at any time, does not
imply that there has been no change in our affairs since the date of this prospectus supplement or that the
information in this prospectus supplement or the attached prospectus is correct as of any time after that date.
This prospectus supplement and the attached prospectus do not constitute an offer to sell or the solicitation of
an offer to buy the depositary shares in any jurisdiction in which that offer or solicitation is unlawful. The
distribution of this prospectus supplement and the attached prospectus and the offering of the depositary
shares in some jurisdictions may be restricted by law. If you have received this prospectus supplement and the
attached prospectus, you should find out about and observe these restrictions. See "Underwriting."
This prospectus supplement has been prepared on the basis that any offer of the depositary shares in any
Member State of the European Economic Area (each, a "Relevant Member State") which has implemented the
Prospectus Directive (2003/71/EC) (the "Prospectus Directive") will be made pursuant to an exemption under
the Prospectus Directive, as implemented in that Relevant Member State, from the requirement to publish a
prospectus for offers of the depositary shares. Accordingly, any person making or intending to make an offer
in that Relevant Member State of the depositary shares which are the subject of the offering contemplated in
this prospectus supplement and the attached prospectus may only do so in circumstances in which no
obligation arises for us or any of the underwriters to publish a prospectus pursuant to Article 3 of the
Prospectus Directive or supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each
case, in relation to such offer. Neither we nor the underwriters have authorized, and neither we nor they
authorize, the making of any offer of the depositary shares in circumstances in which an obligation arises for
us or the underwriters to publish or supplement a prospectus for such offer.
Unless otherwise indicated or the context requires otherwise, all references in this prospectus supplement to
"Bank of America," "the Corporation," "we," "us," and "our" are to Bank of America Corporation.
Capitalized terms used, but not defined, in this prospectus supplement are defined in the attached prospectus.
Persons outside the United States who come into possession of this prospectus supplement and the
attached prospectus must inform themselves about and observe any restrictions relating to the offering
of the depositary shares and the distribution of this prospectus supplement and the attached prospectus
outside of the United States.
S-3
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Bank of America Corporation
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Bank of America Corporation
Table of Contents

SUMMARY
The following information about the depositary shares and the Preferred Stock summarizes, and should
be read in conjunction with, the information contained in this prospectus supplement and in the
attached prospectus.
Securities Offered
We are offering 6,000,000 depositary shares of our Preferred Stock, with each share of Preferred Stock
having a liquidation preference of $25,000 per share (equivalent to $1,000 per depositary share). Each
depositary share represents a 1/25th interest in a share of the Preferred Stock. Each depositary share
entitles the holder to a proportional fractional interest in the Preferred Stock represented by that
depositary share, including dividend, voting, redemption, and liquidation rights.
We may elect from time to time to issue additional depositary shares representing interests in the
Preferred Stock, without notice to, or consent from, the existing holders of Preferred Stock, and all
those additional depositary shares would be deemed to form a single series with the Preferred Stock,
described by this prospectus supplement and the attached prospectus.
Dividends
We will pay dividends on the Preferred Stock, when, as, and if declared by our board of directors or a
duly authorized committee of our board, from the date of issuance to, but excluding, January 30, 2018,
at a rate of 8.00% per annum (equivalent to $80 per depositary share), payable semi-annually, in
arrears. Thereafter, we will pay declared dividends at a floating rate equal to three-month LIBOR plus a
spread of 3.63% per annum, payable quarterly, in arrears (each such rate, a "dividend rate").
Dividends on the Preferred Stock will not be cumulative. Accordingly, if for any reason our board of
directors or a duly authorized committee of our board does not declare a dividend on the Preferred
Stock for a dividend period prior to the related dividend payment date, that dividend will not accrue,
and we will have no obligation to pay a dividend for that dividend period on the applicable dividend
payment date or at any time in the future, whether or not our board of directors or a duly authorized
committee of our board declares a dividend on the Preferred Stock or any other series of our preferred
stock or common stock for any future dividend period. A "dividend period" is the period from, and
including, a dividend payment date (as defined below) to, but excluding, the next dividend payment
date, except that the initial dividend period will begin on and include the original issue date of the
depositary shares and the Preferred Stock.
So long as any share of Preferred Stock remains outstanding, (1) no dividend will be declared and paid
or set aside for payment and no distribution will be declared and made or set aside for payment on any
junior stock (as defined below under "Description of the Preferred Stock -- Dividends") (other than a
dividend payable solely in shares of junior stock), (2) no shares of junior stock will be repurchased,
redeemed, or otherwise acquired for consideration by us, directly or indirectly (other than as a result of
a reclassification of junior stock for or into other junior stock, or the exchange or conversion of one
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Bank of America Corporation
share of junior stock for or into another share of junior stock, and other than through the use of the
proceeds of a substantially contemporaneous sale of other shares of junior stock) nor will any monies
be paid to or made available for a sinking fund for the redemption of any such securities by us, and
(3) no shares of parity stock (as defined below under "Description of the Preferred Stock --
Dividends") will be repurchased, redeemed, or otherwise acquired for consideration by us otherwise
than pursuant to pro rata offers to purchase all, or a pro rata portion, of the Preferred Stock and such
parity stock except by conversion into or exchange for shares of junior stock, during a dividend period,
unless, in each case, the full dividends for the then-current dividend period on all outstanding shares of
the Preferred Stock have been declared and paid or declared and a sum sufficient for the payment of
S-4
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