Obbligazione America Bank Corporation 0% ( US06053M5186 ) in USD

Emittente America Bank Corporation
Prezzo di mercato 100 USD  ⇌ 
Paese  Stati Uniti
Codice isin  US06053M5186 ( in USD )
Tasso d'interesse 0%
Scadenza 24/09/2021 - Obbligazione č scaduto



Prospetto opuscolo dell'obbligazione Bank of America Corporation US06053M5186 in USD 0%, scaduta


Importo minimo 1 000 USD
Importo totale 12 671 000 USD
Cusip 06053M518
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Descrizione dettagliata Bank of America Corporation č 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 US06053M5186, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 24/09/2021







Prospectus Supplement
424B2 1 d797297d424b2.htm PROSPECTUS SUPPLEMENT
CALCU LAT I ON OF REGI ST RAT I ON FEE


Propose d
M a x im um
Propose d
Am ount
Offe ring
M a x im um
Am ount of
T it le of Ea c h Cla ss of
t o be
Pric e Pe r
Aggre ga t e
Re gist ra t ion
Se c urit ie s t o be Re gist e re d

Re gist e re d

U nit

Offe ring Pric e

Fe e (1)
Market Index Target-Term Securities Linked to the Dow
Jones Industrial AverageSM due September 24, 2021

1,267,069

$10.00

$12,670,690

$1,631.98


(1)
Calculated in accordance with Rule 457(r) of the Securities Act of 1933.
File d Pursua nt t o Rule 4 2 4 (b)(2 )
Re gist ra t ion St a t e m e nt N o. 3 3 3 -1 8 0 4 8 8
(T o Prospe c t us da t e d M a rc h 3 0 , 2 0 1 2 , Prospe c t us
Supple m e nt da t e d M a rc h 3 0 , 2 0 1 2 a nd Produc t Supple m e nt
EQU I T Y I N DI CES M I T T S-1 da t e d J uly 2 5 , 2 0 1 4 )

T he not e s a re be ing issue d by Ba nk of Am e ric a Corpora t ion ("BAC"). T he re a re im port a nt diffe re nc e s be t w e e n t he not e s a nd a
c onve nt iona l de bt se c urit y, inc luding diffe re nt inve st m e nt risk s a nd c e rt a in a ddit iona l c ost s. Se e "Risk Fa c t ors" be ginning on
pa ge T S-6 of t his t e rm she e t a nd be ginning on pa ge PS-6 of produc t supple m e nt EQU I T Y I N DI CES M I T T S -1 .
T he init ia l e st im a t e d va lue of t he not e s a s of t he pric ing da t e is $ 9 .4 9 pe r unit , w hic h is le ss t ha n t he public offe ring pric e
list e d be low . See "Summary" on the following page, "Risk Factors" beginning on page TS-6 of this term sheet and "Structuring the Notes" on page TS-11
of this term sheet for additional information. The actual value of your notes at any time will reflect many factors and cannot be predicted with accuracy.
None of the Securities and Exchange Commission (the "SEC"), any state securities commission, or any other regulatory body has approved or disapproved of
these securities or determined if this Note Prospectus (as defined below) is truthful or complete. Any representation to the contrary is a criminal offense.



Per Unit
Total


Public offering price

$10.00
$12,670,690.00
Underwriting discount

$0.25

$316,767.25
Proceeds, before expenses, to BAC

$9.75
$12,353,922.75
http://www.sec.gov/Archives/edgar/data/70858/000119312514356549/d797297d424b2.htm[9/29/2014 1:28:31 PM]


Prospectus Supplement
T he not e s:


Are N ot FDI C I nsure d
Are N ot Ba nk Gua ra nt e e d
M a y Lose V a lue




M e rrill Lync h & Co.
September 25, 2014

1,267,069 Units
$10 principal amount per unit
CUSIP No. 06053M518
Pricing Date September 25, 2014 Settlement Date October 2, 2014 Maturity Date September 24, 2021
Bank of America
Market Index Target - Term Securities® Linked
to the Dow
Jones Industrial AverageSM
Maturity of approximately seven years
100% participation in increases in the Index, subject to a capped return of 74.20%
If the Index decreases, payment at maturity will be the principal amount
All payments occur at maturity and are subject to the credit risk of Bank of America Corporation
No periodic interest payments
Limited secondary market liquidity, with no exchange listing
Market Downside Protection
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



Summary
The Market Index Target-Term Securities® Linked to the Dow Jones Industrial AverageSM, due September 24, 2021 (the "notes") are our senior unsecured
debt securities. The notes are not guaranteed or insured by the Federal Deposit Insurance Corporation or secured by collateral. T he not e s w ill ra nk
e qua lly w it h a ll of our ot he r unse c ure d a nd unsubordina t e d de bt . Any pa ym e nt s due on t he not e s, inc luding t he re pa ym e nt of
princ ipa l, w ill be subje c t t o t he c re dit risk of BAC. The notes provide you with 100% participation in increases in the Market Measure, which is
the Dow Jones Industrial AverageSM (the "Index"), subject to a cap. If the Index decreases, you will only receive the principal amount of your notes. Payments
on the notes, including the amount you receive at maturity, will be calculated based on the $10 principal amount per unit and will depend on our credit risk
and the performance of the Index. See "Terms of the Notes" below.
The economic terms of the notes (including the Capped Value) are based on our internal funding rate, which is the rate we would pay to borrow funds through
the issuance of market-linked notes and the economic terms of certain related hedging arrangements. Our internal funding rate is typically lower than the rate
we would pay when we issue conventional fixed or floating rate debt securities. This difference in funding rate, as well as the underwriting discount and the
hedging related charge described below, reduced the economic terms of the notes to you and the initial estimated value of the notes on the pricing date. Due
to these factors, the public offering price you pay to purchase the notes is greater than the initial estimated value of the notes.
On the cover page of this term sheet, we have provided the initial estimated value for the notes. This initial estimated value was determined based on our and
our affiliates' pricing models, which take into consideration our internal funding rate and the market prices for the hedging arrangements related to the notes.
For more information about the initial estimated value and the structuring of the notes, see "Structuring the Notes" on page TS-11.

Terms of the Notes
Redemption Amount

Determination

I ssue r:
Bank of America Corporation ("BAC")
On the maturity date, you will receive a cash payment per unit determined


as follows:
Princ ipa l
$10.00 per unit

Am ount :



T e rm :
Approximately seven years


M a rk e t M e a sure : Dow Jones Industrial AverageSM (Bloomberg

symbol: "INDU"), a price return index.

St a rt ing V a lue :
16,945.80


Ending V a lue :
The average of the closing levels of the Market

Measure on each scheduled calculation day
occurring during the maturity valuation period. The
calculation days are subject to postponement in the
event of Market Disruption Events, as described
beginning on page PS-17 of product supplement
EQUITY INDICES MITTS-1.

M inim um
$10.00 per unit. If you sell your notes before the
Re de m pt ion
maturity date, you may receive less than the
Am ount :
Minimum Redemption Amount per unit.


http://www.sec.gov/Archives/edgar/data/70858/000119312514356549/d797297d424b2.htm[9/29/2014 1:28:31 PM]


Prospectus Supplement
Pa rt ic ipa t ion
100%
Ra t e :



Ca ppe d V a lue :
$17.42 per unit of the notes, which represents a

return of 74.20% over the principal amount

M a t urit y
September 15, 2021, September 16, 2021,
V a lua t ion Pe riod: September 17, 2021, September 20, 2021, and

September 21, 2021.

Fe e s a nd
The underwriting discount of $0.25 per unit listed
Cha rge s:
on the cover page and the hedging related charge

of $0.075 per unit described in "Structuring the
Notes" on page TS-11.

Ca lc ula t ion
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Age nt :
("MLPF&S"), a subsidiary of BAC.






Market Index Target-Term Securities®

TS-2
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



The terms and risks of the notes are contained in this term sheet and in the following:


Product supplement EQUITY INDICES MITTS-1 dated July 25, 2014:
http://www.sec.gov/Archives/edgar/data/70858/000119312514280666/d762223d424b5.htm


Series L MTN prospectus supplement dated March 30, 2012 and prospectus dated March 30, 2012:
http://www.sec.gov/Archives/edgar/data/70858/000119312512143855/d323958d424b5.htm
These documents (together, the "Note Prospectus") have been filed as part of a registration statement with the SEC, which may, without cost, be accessed on
the SEC website as indicated above or obtained from MLPF&S by calling 1-866-500-5408.
Before you invest, you should read the Note Prospectus, including this term sheet, for information about us and this offering. Any prior or contemporaneous
oral statements and any other written materials you may have received are superseded by the Note Prospectus. Capitalized terms used but not defined in this
term sheet have the meanings set forth in product supplement EQUITY INDICES MITTS-1. Unless otherwise indicated or unless the context requires
otherwise, all references in this document to "we," "us," "our," or similar references are to BAC.
Investor Considerations

Y ou m a y w ish t o c onside r a n inve st m e nt in t he not e s if:
T he not e s m a y not be a n a ppropria t e inve st m e nt for you if:



You anticipate that the Index will increase moderately from the Starting

You believe that the Index will decrease from the Starting Value or that
Value to the Ending Value.
it will not increase sufficiently over the term of the notes to provide you

with your desired return.

You accept that the return on the notes will be zero if the Index does

not increase from the Starting Value to the Ending Value.

You seek a guaranteed return beyond the Minimum Redemption

Amount.

You accept that the return on the notes, if any, will be capped.



You seek an uncapped return on your investment.

You are willing to forgo the interest payments that are paid on

conventional interest bearing debt securities.

You seek interest payments or other current income on your

investment.

You are willing to forgo dividends or other benefits of owning the

stocks included in the Index.

You want to receive dividends or other distributions paid on the stocks

included in the Index.

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

You seek an investment for which there will be a liquid secondary
affected by various factors, including our actual and perceived
market.
creditworthiness, our internal funding rate and fees and charges on the


notes.
You are unwilling or are unable to take market risk on the notes or to

take our credit risk as issuer of the notes.

You are willing to assume our credit risk, as issuer of the notes, for all
payments under the notes, including the Redemption Amount.

http://www.sec.gov/Archives/edgar/data/70858/000119312514356549/d797297d424b2.htm[9/29/2014 1:28:31 PM]


Prospectus Supplement
We urge you to consult your investment, legal, tax, accounting, and other advisors before you invest in the notes.



Market Index Target-Term Securities®

TS-3
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



Hypothetical Payout Profile and Examples
of Payments at Maturity



This graph reflects the returns on the notes, based on the Participation Rate
of 100%, the Minimum Redemption Amount of $10.00 and the Capped
Value of $17.42. The blue 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.

This graph has been prepared for purposes of illustration only.

The following table and examples are for purposes of illustration only. They are based on hypot he t ic a l values and show hypot he t ic a l returns on the
notes. They illustrate the calculation of the Redemption Amount and total rate of return based on a hypothetical Starting Value of 100, the Participation Rate of
100%, the Minimum Redemption Amount of $10.00 per unit, the Capped Value of $17.42 per unit and a range of hypothetical Ending Values. T he a c t ua l
a m ount you re c e ive a nd t he re sult ing t ot a l ra t e of re t urn w ill de pe nd on t he a c t ua l St a rt ing V a lue , Ending V a lue , a nd w he t he r
you hold t he not e s t o m a t urit y. The following examples do not take into account any tax consequences from investing in the notes.
For recent actual levels of the Market Measure, see "The Index" section below. 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. In addition, all payments on the notes are subject to issuer credit risk.

Pe rc e nt a ge Cha nge from
t he St a rt ing
T ot a l Ra t e
V a lue t o t he
Re de m pt ion
of Re t urn on
Ending V a lue
Ending V a lue

Am ount pe r U nit
t he N ot e s

70.00


-30.00%


$10.000


0.000%

80.00


-20.00%


$10.000


0.000%

90.00


-10.00%


$10.000


0.000%

95.00


-5.00%


$10.000


0.000%

100.00 (1)



0.00%


$10.000 (2)


0.000%

105.00



5.00%


$10.500


5.000%

110.00


10.00%


$11.000


10.000%

120.00


20.00%


$12.000


20.000%

130.00


30.00%


$13.000


30.000%

140.00


40.00%


$14.000


40.000%

150.00


50.00%


$15.000


50.000%

160.00


60.00%


$16.000


60.000%

170.00


70.00%


$17.000


70.000%

174.20


74.20%


$17.420 (3)


74.200%

180.00


80.00%


$17.420


74.200%

190.00


90.00%


$17.420


74.200%

200.00


100.00%


$17.420


74.200%

(1) The hypothetical Starting Value of 100 used in these examples has been chosen for illustrative purposes only. The actual Starting Value is 16,945.80,
http://www.sec.gov/Archives/edgar/data/70858/000119312514356549/d797297d424b2.htm[9/29/2014 1:28:31 PM]


Prospectus Supplement
which was the closing level of the Market Measure on the pricing date.

(2) The Redemption Amount per unit will not be less than the Minimum Redemption Amount.

(3) The Redemption Amount per unit cannot exceed the Capped Value.



Market Index Target-Term Securities®

TS-4
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



Re de m pt ion Am ount Ca lc ula t ion Ex a m ple s
Ex a m ple 1
The Ending Value is 90, or 90% of the Starting Value:

Starting Value:
100
Ending Value:
90



= $9.00 Redemption Amount per unit, however, because the Redemption Amount for
$10 ­ [ $10 × ( 100 ­ 90
100
) ] the notes cannot be less than the Minimum Redemption Amount, the Redemption
Am ount w ill be $ 1 0 .0 0 pe r unit .








Ex a m ple 2
The Ending Value is 140, or 140% of the Starting Value:

Starting Value:
100
Ending Value:
140




$10 + [ $10 × 100% × ( 140 ­ 100
100
) ] = $14.00 Redemption Amount per unit








Ex a m ple 3
The Ending Value is 200, or 200% of the Starting Value:

Starting Value:
100
Ending Value:
200



= $20.00 Redemption Amount per unit, however because the Redemption
$10 + [ $10 × 100% × ( 200 ­ 100
100
) ] Amount for the notes cannot exceed the Capped Value, the Redemption
Am ount w ill be $ 1 7 .4 2 pe r unit .











Market Index Target-Term Securities®

TS-5
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



Risk Factors
There are important differences between the notes and a conventional debt security. An investment in the notes involves significant risks, including those listed
below. You should carefully review the more detailed explanation of risks relating to the notes in the "Risk Factors" sections beginning on page PS-6 of
product supplement EQUITY INDICES MITTS-1, page S-5 of the MTN prospectus supplement, and page 8 of the prospectus identified above. We also urge
you to consult your investment, legal, tax, accounting, and other advisors before you invest in the notes.


Depending on the performance of the Index as measured shortly before the maturity date, you may not earn a return on your investment.

Your return on the notes may be less than the yield you could earn by owning a conventional fixed or floating rate debt security of comparable

maturity.

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. If we become insolvent or are unable to pay our obligations, you may lose your entire investment.
http://www.sec.gov/Archives/edgar/data/70858/000119312514356549/d797297d424b2.htm[9/29/2014 1:28:31 PM]


Prospectus Supplement

Your investment return, if any, is limited to the return represented by the Capped Value and may be less than a comparable investment directly in

the stocks included in the Index.

The initial estimated value of the notes is an estimate only, determined as of a particular point in time by reference to our and our affiliates' pricing
models. These pricing models consider certain assumptions and variables, including our credit spreads, our internal funding 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.
These pricing models rely in part on certain forecasts about future events, which may prove to be incorrect.

The public offering price you pay for the notes exceeds the initial estimated value. 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. This is due to, among other things, changes in the level of
the Index, our internal funding rate, and the inclusion in the public offering price of the underwriting discount and the hedging related charge, all as

further described in "Structuring the Notes" on page TS-11. 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 initial estimated value does not represent a minimum or maximum price at which we, MLPF&S or any of our affiliates would be willing to

purchase your notes in any secondary market (if any exists) at any time. The value of your notes at any time after issuance will vary based on many
factors that cannot be predicted with accuracy, including the performance of the Index, our creditworthiness and changes in market conditions.

A trading market is not expected to develop for the notes. Neither we nor MLPF&S is obligated to make a market for, or to repurchase, the notes.

There is no assurance that any party will be willing to purchase your notes at any price in any secondary market.

Our business activities as a full service financial institution, including our commercial and investment banking activities, our hedging and trading

activities (including trades in shares of companies included in the Index) and any hedging and trading activities we engage in for our clients'
accounts, may affect the market value and return of the notes and may create conflicts of interest with you.


The Index sponsor may adjust the Index in a way that affects its level, and has no obligation to consider your interests.

You will have no rights of a holder of the securities represented by the Index, and you will not be entitled to receive securities or dividends or other

distributions by the issuers of those securities.

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.


There may be potential conflicts of interest involving the calculation agent. We have the right to appoint and remove the calculation agent.

You should consider the U.S. federal income tax consequences of investing in the notes. See "Summary Tax Consequences" below and "U.S.

Federal Income Tax Summary" beginning on page PS-25 of product supplement EQUITY INDICES MITTS-1.



Market Index Target-Term Securities®

TS-6
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



The Index
All disclosures contained in this term sheet regarding the Index, including, without limitation, its make up, method of calculation, and changes in its
components, have been derived from publicly available sources. The information reflects the policies of Dow Jones Indexes, the marketing name of CME
Group Index Services LLC ("CME Indexes," the "Index sponsor"), and is subject to change by Dow Jones Indexes. Dow Jones Indexes has no obligation to
continue to publish, and may discontinue publication of, the Index. The consequences of Dow Jones Indexes discontinuing publication of the Index are
discussed in the section of product supplement EQUITY INDICES MITTS-1 beginning on page PS-19 entitled "Description of MITTS -- Discontinuance of an
Index." Neither we nor MLPF&S accept any responsibility for the calculation, maintenance, or publication of the Index or any successor index.
Public a t ion of t he I nde x
Unless otherwise stated, all information on the Index provided in this term sheet is derived from Dow Jones Indexes, the marketing name and a licensed
trademark of CME Indexes. The Index is a price-weighted index, which means an underlying stock's weight in the Index is based on its price per share rather
than the total market capitalization of the issuer. The Index is designed to provide an indication of the composite performance of 30 common stocks of
corporations representing a broad cross-section of U.S. industry. The corporations represented in the Index tend to be market leaders in their respective
industries and their stocks are typically widely held by individuals and institutional investors.
The Index is maintained by an Averages Committee comprised of the Managing Editor of The Wall Street Journal ("WSJ"), the head of Dow Jones Indexes
research and the head of CME Group Inc. research. The Averages Committee was created in March 2010, when Dow Jones Indexes became part of CME
Group Index Services, LLC, a joint venture company owned 90% by CME Group Inc. and 10% by Dow Jones & Company. Generally, composition changes
occur only after mergers, corporate acquisitions or other dramatic shifts in a component's core business. When such an event necessitates that one
component be replaced, the entire Index is reviewed. As a result, when changes are made they typically involve more than one component. While there are
no rules for component selection, a stock typically is added only if it has an excellent reputation, demonstrates sustained growth, is of interest to a large
number of investors and accurately represents the sector(s) covered by the average.
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Prospectus Supplement
Changes in the composition of the Index are made entirely by the Averages Committee without consultation with the corporations represented in the Index,
any stock exchange, any official agency or us. Unlike most other indices, which are reconstituted according to a fixed review schedule, constituents of the
Index are reviewed on an as-needed basis. Changes to the common stocks included in the Index tend to be made infrequently, and the underlying stocks of
the Index may be changed at any time for any reason. The companies currently represented in the Index are incorporated in the United States and its
territories and their stocks are listed on the New York Stock Exchange and NASDAQ.
The Index initially consisted of 12 common stocks and was first published in the WSJ in 1896. The Index was increased to include 20 common stocks in 1916
and to 30 common stocks in 1928. The number of common stocks in the Index has remained at 30 since 1928, and, in an effort to maintain continuity, the
constituent corporations represented in the Index have been changed on a relatively infrequent basis. Nine main groups of companies constitute the Index,
with the approximate sector weights of the Index as of August 29, 2014 indicated in parentheses: Technology (19.2%); Industrials (19.3%); Financials
(15.9%); Consumer Services (13.4%); Healthcare (10.5%); Oil & Gas (8.6%); Consumer Goods (7.5%); Telecommunications (3.2%); and Basic Materials
(2.5%).
Com put a t ion of t he I nde x
The level of the Index is the sum of the primary exchange prices of each of the 30 component stocks included in the Index, divided by a divisor that is
designed to provide a meaningful continuity in the level of the Index. Because the Index is price-weighted, stock splits or changes in the component stocks
could result in distortions in the Index level. In order to prevent these distortions related to extrinsic factors, the divisor is periodically changed in accordance
with a mathematical formula that reflects adjusted proportions within the Index. The current divisor of the Index is published daily in the WSJ and other
publications. In addition, other statistics based on the Index may be found in a variety of publicly available sources.



Market Index Target-Term Securities®

TS-7
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



The following table presents the listing symbol, industry group, price per share, and component stock weight for each of the component stocks in the Index
based on publicly available information on August 29, 2014.

Com pone nt
Pric e Pe r
St oc k
I ssue r of Com pone nt St oc k (1)

Sym bol

I ndust ry

Sha re (2)

We ight (2)
3M Company

MMM

Diversified Industrials

$144.00

5.41%
American Express Company

AXP

Consumer Finance

$89.55

3.36%
AT&T Inc.

T

Fixed Line Telecommunications

$34.96

1.31%
The Boeing Company

BA

Aerospace

$126.80

4.76%
Caterpillar Inc.

CAT

Commercial Vehicles & Trucks

$109.07

4.10%
Chevron Corporation

CVX

Integrated Oil & Gas

$129.45

4.86%
Cisco Systems, Inc.

CSCO

Telecommunications Equipment

$24.99

0.94%
The Coca-Cola Company

KO

Soft Drinks

$41.72

1.57%
E. I. du Pont de Nemours and Company

DD

Commodity Chemicals

$66.11

2.48%
Exxon Mobil Corporation

XOM

Integrated Oil & Gas

$99.46

3.74%
General Electric Company

GE

Diversified Industrials

$25.98

0.98%
The Goldman Sachs Group, Inc.

GS

Investment Services

$179.11

6.73%
The Home Depot, Inc.

HD

Home Improvement Retailers

$93.50

3.51%
Intel Corporation

INTC

Semiconductors

$34.92

1.31%
International Business Machines Corporation

IBM

Computer Services

$192.30

7.22%
Johnson & Johnson

JNJ

Pharmaceuticals

$103.73

3.90%
JPMorgan Chase & Co.

JPM

Banks

$59.45

2.23%
McDonald's Corporation

MCD

Restaurants & Bars

$93.72

3.52%
Merck & Co., Inc.

MRK

Pharmaceuticals

$60.11

2.26%
Microsoft Corporation

MSFT

Software

$45.43

1.71%
NIKE, Inc.

NKE

Footwear

$78.55

2.95%
Pfizer Inc.

PFE

Pharmaceuticals

$29.39

1.10%
The Procter & Gamble Company

PG

Nondurable Household Products

$83.11

3.12%
The Travelers Companies, Inc.

TRV

Property & Casualty Insurance

$94.71

3.56%
United Technologies Corporation

UTX

Aerospace

$107.98

4.06%
UnitedHealth Group Incorporated

UNH

Health Care Providers

$86.68

3.26%
Verizon Communications Inc.

VZ

Fixed Line Telecommunications

$49.82

1.87%
Visa Inc.

V

Consumer Finance

$212.52

7.98%
Wal-Mart Stores, Inc.

WMT

Broadline Retailers

$75.50

2.84%
The Walt Disney Company

DIS

Broadcasting & Entertainment

$89.88

3.38%

(1) The inclusion of a component stock in the Index should not be considered a recommendation to buy or sell that stock and neither we nor any of our
affiliates make any representation to any purchaser of the notes as to the performance of the Index or any component stock included in the Index.
Beneficial owners of the notes will not have any right to the component stocks included in the Index or any dividends paid on those stocks.
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Prospectus Supplement

(2) Information obtained from Bloomberg Financial Markets.
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. Dow Jones and CME Indexes do not guarantee the accuracy or the completeness of the
Index or any data included in the Index. Dow Jones and CME Indexes assume no liability for any errors, omissions, or disruption in the calculation and
dissemination of the Index. Dow Jones and CME Indexes disclaim 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.



Market Index Target-Term Securities®

TS-8
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



The following graph shows the monthly historical performance of the Index in the period from January 2008 through August 2014. We obtained this
historical data from Bloomberg L.P. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg
L.P. On the pricing date, the closing level of the Index was 16,945.80.

This historical data on the Index is not necessarily indicative of the future performance of the Index or what the value of the notes may be. Any
historical upward or downward trend in the level of the Index during any period set forth above is not an indication that the level of the Index is
more or less likely to increase or decrease at any time over the term of the notes.
Before investing in the notes, you should consult publicly available sources for the levels and trading pattern of the Index.
Lic e nse Agre e m e nt
S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones® is a registered trademark of Dow Jones Trademark
Holdings LLC ("Dow Jones"). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. "Standard & Poor's®," "S&P 500®" and "S&P®"
are trademarks of S&P. These trademarks have been sublicensed for certain purposes by our subsidiary, MLPF&S. The Index is a product of S&P Dow
Jones Indices LLC and/or its affiliates and has been licensed for use by MLPF&S.
The notes are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or any of their respective affiliates (collectively,
"S&P Dow Jones Indices"). S&P Dow Jones Indices make no representation or warranty, express or implied, to the holders of the notes or any member of the
public regarding the advisability of investing in securities generally or in the notes particularly or the ability of the Index to track general market
performance. S&P Dow Jones Indices' only relationship to MLPF&S with respect to the Index is the licensing of the Index and certain trademarks, service
marks and/or trade names of S&P Dow Jones Indices and/or its third party licensors. The Index is determined, composed and calculated by S&P Dow Jones
Indices without regard to us, MLPF&S, or the notes. S&P Dow Jones Indices have no obligation to take our needs or the needs of MLPF&S or holders of the
notes into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices are not responsible for and have not participated in the
determination of the prices, and amount of the notes or the timing of the issuance or sale of the notes or in the determination or calculation of the equation by
which the notes are to be converted into cash. S&P Dow Jones Indices have no obligation or liability in connection with the administration, marketing or
trading of the notes. There is no assurance that investment products based on the Index will accurately track index performance or provide positive
investment returns. S&P Dow Jones Indices LLC and its subsidiaries are not investment advisors. Inclusion of a security or futures contract within an index is
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Prospectus Supplement
not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security or futures contract, nor is it considered to be investment
advice. Notwithstanding the foregoing, CME Group Inc. and its affiliates may independently issue and/or sponsor financial products unrelated to the notes
currently being issued by us, but which may be similar to and competitive with the notes. In addition, CME Group Inc. and its affiliates may trade financial
products which are linked to the performance of the Index. It is possible that this trading activity will affect the value of the notes.



Market Index Target-Term Securities®

TS-9
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



S&P DOW JONES INDICES DO NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR
ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING
ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR
LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND
EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO
BE OBTAINED BY US, MLPF&S, HOLDERS OF THE NOTES, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH
RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW
JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED
TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY
AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND MLPF&S, OTHER THAN THE LICENSORS OF S&P DOW JONES
INDICES.



Market Index Target-Term Securities®

TS-10
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



Supplement to the Plan of Distribution; Conflicts of Interest
Under our distribution agreement with MLPF&S, MLPF&S will purchase the notes from us as principal at the public offering price indicated on the cover of this
term sheet, less the indicated underwriting discount.
MLPF&S, a broker-dealer subsidiary of BAC, is a member of the Financial Industry Regulatory Authority, Inc. ("FINRA") and will participate as selling agent in
the distribution of the notes. Accordingly, offerings of the notes will conform to the requirements of Rule 5121 applicable to FINRA members. MLPF&S may
not make sales in this offering to any of its discretionary accounts without the prior written approval of the account holder.
We will deliver the notes against payment therefor in New York, New York on a date that is greater than three business days following the pricing date. Under
Rule 15c6-1 of the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in three business days, unless the parties
to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes more than three business days prior to the original issue
date will be required to specify alternative settlement arrangements to prevent a failed settlement.
The notes will not be listed on any securities exchange. In the original offering of the notes, the notes will be sold in minimum investment amounts of 100
units. If you place an order to purchase the notes, you are consenting to MLPF&S acting as a principal in effecting the transaction for your account.
MLPF&S may repurchase and resell the notes, with repurchases and resales being made at prices related to then-prevailing market prices or at negotiated
prices, and these will include MLPF&S's trading commissions and mark-ups. MLPF&S may act as principal or agent in these market-making transactions;
however, it is not obligated to engage in any such transactions. At MLPF&S's discretion, for a short, undetermined initial period after the issuance of the
notes, MLPF&S may offer to buy the notes in the secondary market at a price that may exceed the initial estimated value of the notes. Any price offered by
MLPF&S for the notes will be based on then-prevailing market conditions and other considerations, including the performance of the Index and the remaining
term of the notes. However, neither we nor any of our affiliates is obligated to purchase your notes at any price, or at any time, and we cannot assure you that
we or any of our affiliates will purchase your notes at a price that equals or exceeds the initial estimated value of the notes.
The value of the notes shown on your account statement will be based on MLPF&S's estimate of the value of the notes if MLPF&S or another of our affiliates
were to make a market in the notes, which it is not obligated to do. That estimate will be based upon the price that MLPF&S may pay for the notes in light of
then-prevailing market conditions and other considerations, as mentioned above, and will include transaction costs. At certain times, this price may be higher
than or lower than the initial estimated value of the notes.
Structuring the Notes
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Prospectus Supplement
The notes are our debt securities, the return on which is linked to the performance of the Index. As is the case for all of our debt securities, including our
market-linked notes, the economic terms of the notes reflect our actual or perceived creditworthiness at the time of pricing. 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 floating rate debt security. This rate, which we refer to in this term sheet as our
internal funding rate, is typically lower than the rate we would pay when we issue conventional fixed or floating rate debt securities. This generally relatively
lower internal funding 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.
At maturity, we are required to pay the Redemption Amount to holders of the notes, which will be calculated based on the performance of the Index and the
$10 per unit principal amount. In order to meet these payment obligations, at the time we issue the notes, we may choose to enter into certain hedging
arrangements (which may include call options, put options or other derivatives) with MLPF&S or one of its affiliates. The terms of these hedging arrangements
are determined by seeking bids from market participants, including MLPF&S and its affiliates, and take into account a number of factors, including our
creditworthiness, interest rate movements, the volatility of the Index, the tenor of the note and the tenor of the hedging arrangements. The economic terms of
the notes and their initial estimated value depend in part on the terms of these hedging arrangements.
MLPF&S has advised us that the hedging arrangements will include a hedging related charge of approximately $0.075 per unit, reflecting an estimated profit
to be credited to MLPF&S from these transactions. Since hedging entails risk and may be influenced by unpredictable market forces, additional profits and
losses from these hedging arrangements may be realized by MLPF&S or any third party hedge providers.
For further information, see "Risk Factors -- General Risks Relating to MITTS" beginning on page PS-6 and "Use of Proceeds" on page PS-15 of product
supplement EQUITY INDICES MITTS-1.



Market Index Target-Term Securities®

TS-11
Market Index Target-Term Securities®


Linked to the Dow Jones Industrial AverageSM, due September 24, 2021



Summary Tax Consequences
You should consider the U.S. federal income tax consequences of an investment in the notes, including the following:


·
There is no statutory, judicial, or administrative authority directly addressing the characterization of the notes.

·
We intend to take the position that the notes will be treated as "contingent payment debt instruments" for U.S. federal income tax purposes, subject

to taxation under the "noncontingent bond method." No assurance can be given that the Internal Revenue Service or any court will agree with this
characterization and tax treatment.

·
Under this characterization and tax treatment of the notes, a U.S. Holder will be required to report original issue discount ("OID") or interest income

based on a "comparable yield" and a "projected payment schedule" with respect to a note without regard to cash, if any, received on the notes.

·
The following table is based upon a projected payment schedule (including a projection for tax purposes of the Redemption Amount) and a
comparable yield equal to 3.1047% per annum (compounded semi-annually) that we established for the notes. The table reflects the expected

issuance of the notes on October 2, 2014 and the scheduled maturity date of September 24, 2021. This tax accrual table is based upon a projected
payment schedule per $10.0000 principal amount of the notes, which would consist of a single payment of $12.3983 at maturity. This information is
provided solely for tax purposes and we make no representations or predictions as to what the actual Redemption Amount will be.

T ot a l I nt e re st De e m e d t o H a ve
I nt e re st De e m e d t o Ac c rue on t he
Ac c rue d on t he N ot e s a s of End of
Ac c rua l Pe riod

N ot e s During Ac c rua l Pe riod pe r U nit

Ac c rua l Pe riod pe r U nit
October 2, 2014 to December 31, 2014

$0.0768

$0.0768
January 1, 2015 to December 31, 2015

$0.3153

$0.3921
January 1, 2016 to December 31, 2016

$0.3251

$0.7172
January 1, 2017 to December 31, 2017

$0.3354

$1.0526
January 1, 2018 to December 31, 2018

$0.3458

$1.3984
January 1, 2019 to December 31, 2019

$0.3566

$1.7550
January 1, 2020 to December 31, 2020

$0.3678

$2.1228
January 1, 2021 to September 24, 2021

$0.2755

$2.3983

Projected Redemption Amount = $12.3983 per unit of the notes.
Upon a sale, exchange, or retirement of a note prior to maturity, a U.S. Holder generally will recognize taxable gain or loss equal to the difference between
the amount realized on the sale, exchange, or retirement and the holder's tax basis in the notes. A U.S. Holder generally will treat any gain as ordinary
interest income, and any loss as ordinary up to the amount of previously accrued OID and then as capital loss. At maturity, (i) if the actual Redemption
Amount exceeds the projected Redemption Amount, a U.S. Holder must include such excess as interest income, or (ii) if the projected Redemption Amount
exceeds the actual Redemption Amount, a U.S. Holder will generally treat such excess first as an offset to previously accrued OID for the taxable year, then
as an ordinary loss to the extent of all prior OID inclusions, and thereafter as a capital loss.
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Document Outline