Bank of America 2008 Annual Report Download - page 154

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The following table is a summary of the outstanding Trust and Hybrid Securities and the related Notes at December 31, 2008 as originated by Bank
of America Corporation and its predecessor companies.
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
(Dollars in millions)
Issuer
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 March 2005 1,000 1,031 March 2035 5.63 3/8,9/8 Any time
Capital Trust VII August 2005 1,221 1,259 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
Capital Trust X March 2006 900 928 March 2055 6.25 3/29,6/29,9/29,12/29 On or after 3/29/11
Capital Trust XI May 2006 1,000 1,031 May 2036 6.63 5/23,11/23 Any time
Capital Trust XII August 2006 863 890 August 2055 6.88 2/2,5/2,8/2,11/2 On or after 8/02/11
Capital Trust XIII February 2007 700 700 March 2043 3-mo. LIBOR +40 bps 3/15,6/15,9/15,12/15 On or after 3/15/17
Capital Trust XIV February 2007 850 850 March 2043 5.63 3/15,9/15 On or after 3/15/17
Capital Trust XV May 2007 500 500 June 2056 3-mo. LIBOR +80 bps 3/1,6/1,9/1,12/1 On or after 6/01/37
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 500 515 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 500 515 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 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 VIII March 2002 534 550 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 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
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 +335 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 +335 bps 1/7,4/7,7/7,10/7 On or after 1/07/08
MBNA
Capital Trust A December 1996 250 258 December 2026 8.28 6/1,12/1 On or after 12/01/06
Capital Trust B January 1997 280 289 February 2027 3-mo. LIBOR +80 bps 2/1,5/1,8/1,11/1 On or after 2/01/07
Capital Trust D June 2002 300 309 October 2032 8.13 1/1,4/1,7/1,10/1 On or after 10/01/07
Capital Trust E November 2002 200 206 February 2033 8.10 2/15,5/15,8/15,11/15 On or after 2/15/08
ABN Amro North America
Series I May 2001 77 77 Perpetual 3-mo. LIBOR +175 bps 2/15,5/15,8/15,11/15 On or after 8/15/06
Series II May 2001 77 77 Perpetual 3-mo. LIBOR +175 bps 3/15,6/15,9/15,12/15 On or after 9/15/06
Series III May 2001 77 77 Perpetual 3-mo. LIBOR +175 bps 1/15,4/15,7/15,10/15 On or after 10/15/06
Series IV May 2001 77 77 Perpetual 3-mo. LIBOR +175 bps 2/28,5/30,8/30,11/30 On or after 8/30/06
Series V May 2001 77 77 Perpetual 3-mo. LIBOR +175 bps 3/30,6/30,9/30,12/30 On or after 9/30/06
Series VI May 2001 77 77 Perpetual 3-mo. LIBOR +175 bps 1/30,4/30,7/30,10/30 On or after 10/30/06
Series VII May 2001 88 88 Perpetual 3-mo. LIBOR +175 bps 3/15,6/15,9/15,12/15 On or after 9/15/06
Series IX June 2001 70 70 Perpetual 3-mo. LIBOR +175 bps 3/5,6/5,9/5,12/5 On or after 9/05/06
Series X June 2001 53 53 Perpetual 3-mo. LIBOR +175 bps 3/12,6/12,9/12,12/12 On or after 9/12/06
Series XI June 2001 27 27 Perpetual 3-mo. LIBOR +175 bps 3/26,6/26,9/26,12/26 On or after 9/26/06
Series XII June 2001 80 80 Perpetual 3-mo. LIBOR +175 bps 1/10,4/10,7/10,10/10 On or after 9/12/06
Series XIII June 2001 70 70 Perpetual 3-mo. LIBOR +175 bps 1/24,4/24,7/24,10/24 On or after 10/24/06
LaSalle
Series I August 2000 491 491 Perpetual
6.97% through 9/15/2010;
3-mo. LIBOR +105.5 bps
thereafter 3/15,6/15,9/15,12/15 On or after 9/15/10
Series J September 2000 95 95 Perpetual
3-mo. LIBOR +5.5 bps
through 9/15/2010; 3-mo.
LIBOR +105.5 bps
thereafter 3/15,6/15,9/15,12/15 On or after 9/15/10
Countrywide
Countrywide Capital III June 1997 200 206 June 2027 8.05 6/15,12/15 Only under special event
Countrywide Capital IV April 2003 500 515 April 2033 6.75 1/1,4/1,7/1,10/1 On or after 4/11/08
Countrywide Capital V November 2006 1,495 1,496 November 2036 7.00 2/1,5/1,8/1,11/1 On or after 4/11/08
Total $20,047 $20,513
152
Bank of America 2008