EFTA02704497.pdf

From: Richard Kahn Sent: Thursday, January 21, 2016 3:01 PM To: jeffrey E. Subject: Fwd: New Issue $25 Par: Bank of America (BAC) Perpetual Preferred Stock; 6.25% Area; Fixed for Life Attachments: Active_74510017_1_Preliminary Prospectus Supplement - Series CC - Januar....pdf; Untitled attachment 00019.htm you currently own the following bank of america =referreds please advise thank =ou Purchase Quantity 11/30/15 12/31/15 Unrealized Asset =escription Date Cost Value Value Gain (Loss) Haze Trust - =ixed Income Bank of =merica 8.125% Pfd 12/29/2049 05/10/11 3,000,000 3,389,621 3,126,406 3,083,646 -305,975 Southern =inancial LLC - Fixed Income Bank of =merica 8.125% Pfd Dec 29 2049 1/10/11 2,000,000 2,055,000 2,084,271 2,055,764 764 Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 Begin forwarded message: From: =/b>"Atlas, Andrew 5" Subject: =/b>New Issue $25 =ar: Bank of America (BAC) Perpetual Preferred Stock; 6.25% Area; Fixed =or Life Date: =/b>lanuary 21, 2016 at 9:52:36 AM =ST To: =/b>"Richard Kahr EFTA_R1_02091149 EFTA02704497  Hey Rich, Good Morning. Another new issue =25 Par Preferred pricing today in the 6.25% area. Details: $25 Par New Issue =yndicate Offering: Bank of America Corporation (BAC) &nb=p; Issuer: &n=sp; Bank of =merica Corporation (Ticker: BAC) &nb=p; Securities =ffered: =nbsp; &n=sp; Depositary Shares Each Representing 1/1000th interest in a =hare of Bank of America Corporation Non-Cumulative Preferred Stock, =eries CC &nb=p; Size: &nbs=; =nbsp; $250mm (10mm shares) &nb=p; Expected =atings: =nbsp; &n=sp; Ba2 / BB+ / BB+ (stable/stable/stable) Format: &n=sp; &nbs=; SEC =egistered Maturity: =nbsp; &n=sp; Perpetual &nb=p; Price =alk: &nb=p; = 6.25% Area; Fixed for Life &nb=p; Offer =rice: &n=sp; &nbs=; $25.00 per depositary share &nb=p; 2 EFTA_R1_02091150 EFTA02704498  Dividends: =nbsp; &n=sp; &nbs=; Quarterly, beginning April 29, 2016, each January 29, April 29, July =9, and October 29 subject to following business day convention =unadjusted). &=bsp; &nb=p; Optional =edemption: &nb=p; Anytime on or after =anuary 29, 2021, in whole or in part, and earlier upon certain events =nvolving a capital treatment event as described and subject to =imitations in the prospectus supplement dated January 20, 2016 (see Red) &nb=p; Use of =roceeds: • &=bsp; GCP &nb=p; DRD/QDI =ligible: • &=bsp; Yes, See Red for tax and withholding =etails Subject to =S. Tax Withholding for NRA =lients: =nbsp; &n=sp; Yes• Listing: &=bsp; NYSE =xpected under the symbol "BAC PrC" Settle: &n=sp; January =9, 2016 Timing: &n=sp; Today's =usiness &nb=p; Speak soon, Andrew Andrew S. Atlas Financial =dvisor Equity Sales/Middle Markets Group Morgan Stanley Wealth Management Midtown Manhattan =omplex 1290 Avenue of the =mericas, 12th Floor I New York, =Y 10104 3 EFTA_R1_02091151 EFTA02704499  Important Notice to Recipients: Please do not use e-mail to request, authorize or effect the purchase or sale of any =ecurity or commodity. Unfortunately, we cannot execute such instructions provided =n e-mail. Thank you. The sender of this =-mail is an employee of Morgan Stanley Smith Barney LLC ("Morgan Stanley"). If you have =eceived this communication in error, please destroy all electronic and paper =opies and notify the sender immediately. Erroneous transmission is not intended to =aive confidentiality or privilege. Morgan Stanley reserves the right, =o the extent permitted under applicable law, to monitor electronic =ommunications. This message is subject to terms available at the following link: http://www.morganstanley.com/disclaimers/mssbemail.html.&nb=p; If you cannot access this link, please notify us by reply message and we will send the =contents to you. By messaging with Morgan Stanley you consent to =he foregoing. 4 EFTA_R1_02091152 EFTA02704500