Bank of America 2005 Annual Report Download - page 160

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BANK OF AMERICA CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements—(Continued)
The following table is a summary of the outstanding Trust Securities and the Notes at December 31,
2005 as originated by Bank of America Corporation and the predecessor banks.
(Dollars in millions)
Issuer Issuance Date
Aggregate
Principal
Amount of
Trust
Securities
Aggregate
Principal
Amount
of the Notes
Stated
Maturity of the
Notes
Per Annum
Interest Rate
of the Notes
Interest
Payment
Dates Redemption
Period
Bank of America
Capital Trust I December 2001 $ 575 $ 593 December 2031 7.00% 3/15,6/15,9/15,12/15 On or after 12/15/06
Capital Trust II January 2002 900 928 February 2032 7.00 2/1, 5/1,8/1,11/1 On or after 2/01/07
Capital Trust III August 2002 500 516 August 2032 7.00 2/15, 5/15,8/15,11/15 On or after 8/15/07
Capital Trust IV April 2003 375 387 May 2033 5.88 2/1, 5/1,8/1,11/1 On or after 5/01/08
Capital Trust V November 2004 518 534 November 2034 6.00 2/3, 5/3,8/3,11/3 On or after 11/03/09
Capital Trust VI February 2005 1,000 1,031 March 2035 5.63 3/8,9/8 Any time
Capital Trust VII August 2005 1,461 1,507 August 2035 5.25 2/10,8/10 Any time
Capital Trust VIII August 2005 530 546 August 2035 6.00 2/25,5/25,8/25,11/25 On or after 8/25/10
NationsBank
Capital Trust II December 1996 365 376 December 2026 7.83 6/15,12/15 On or after 12/15/06
Capital Trust III February 1997 494 509 January 2027 3-mo. LIBOR
+55 bps
1/15,4/15,7/15,10/15 On or after 1/15/07
Capital Trust IV April 1997 498 513 April 2027 8.25 4/15,10/15 On or after 4/15/07
BankAmerica
Institutional Capital A November 1996 450 464 December 2026 8.07 6/30,12/31 On or after 12/31/06
Institutional Capital B November 1996 300 309 December 2026 7.70 6/30,12/31 On or after 12/31/06
Capital II December 1996 450 464 December 2026 8.00 6/15,12/15 On or after 12/15/06
Capital III January 1997 400 412 January 2027 3-mo. LIBOR
+57 bps
1/15,4/15, 7/15,10/15 On or after 1/15/02
Barnett
Capital I November 1996 300 309 December 2026 8.06 6/1,12/1 On or after 12/01/06
Capital II December 1996 200 206 December 2026 7.95 6/1,12/1 On or after 12/01/06
Capital III January 1997 250 258 February 2027 3-mo. LIBOR
+62.5 bps
2/1,5/1,8/1,11/1 On or after 2/01/07
Fleet
Capital Trust II December 1996 250 258 December 2026 7.92 6/15,12/15 On or after 12/15/06
Capital Trust V December 1998 250 258 December 2028 3-mo. LIBOR
+100 bps
3/18, 6/18,9/18, 12/18 On or after 12/18/03
Capital Trust VII September 2001 500 515 December 2031 7.20 3/15, 6/15,9/15, 12/15 On or after 9/17/06
Capital Trust VIII March 2002 534 551 March 2032 7.20 3/15, 6/15,9/15,12/15 On or after 3/08/07
Capital Trust IX July 2003 175 180 August 2033 6.00 2/1, 5/1,8/1,11/1 On or after 7/31/08
BankBoston
Capital Trust I November 1996 250 258 December 2026 8.25 6/15,12/15 On or after 12/15/06
Capital Trust II December 1996 250 258 December 2026 7.75 6/15,12/15 On or after 12/15/06
Capital Trust III June 1997 250 258 June 2027 3-mo. LIBOR
+75 bps
3/15, 6/15,9/15,12/15 On or after 6/15/07
Capital Trust IV June 1998 250 258 June 2028 3-mo. LIBOR
+60 bps
3/8, 6/8,9/8,12/8 On or after 6/08/03
Summit
Capital Trust I March 1997 150 155 March 2027 8.40 3/15,9/15 On or after 3/15/07
Progress
Capital Trust I June 1997 9 9June 2027 10.50 6/1,12/1 On or after 6/01/07
Capital Trust II July 2000 6 6July 2030 11.45 1/19,7/19 On or after 7/19/10
Capital Trust III November 2002 10 10 November 2032 3-mo. LIBOR
+33.5 bps
2/15,5/15,8/15,11/15 On or after 11/15/07
Capital Trust IV December 2002 5 5January 2033 3-mo. LIBOR
+33.5 bps
1/7, 4/7,7/7,10/7 On or after 1/07/08
Total $12,455 $12,841
124