8-KExhibits & Filings

BANK OF AMERICA CORP /DE/ 8-K Report, Exhibit Filing (Apr 19, 2017)

Filed April 19, 2017For Securities:BACBAC-PBBAC-PKBAC-PLBAC-PMBAC-PNBAC-PSBML-PJBAC-PEBAC-PPBAC-PQBACRPBML-PGBML-PHBML-PLBAC-POMER-PK

Summary

This Current Report on Form 8-K filed by Bank of America Corporation (BAC) on April 19, 2017, primarily serves to incorporate by reference several exhibits into its existing shelf registration statement on Form S-3. The key items are the Second Supplemental Indentures for both senior and subordinated debt, dated April 18, 2017, which supplement existing indentures from 2001. These filings are crucial for the company's ongoing ability to issue debt securities, specifically "InterNotes®." For investors, this filing indicates that Bank of America is actively managing its debt structure and potentially preparing to issue new senior and subordinated debt instruments. The supplemental indentures and forms of master registered global notes filed suggest a mechanism for the continuous offering and management of its debt obligations under the existing registration statement. While this 8-K doesn't disclose specific financial results or material business events, it's a procedural filing that underpins the company's capital raising activities.

Key Highlights

  • 1Bank of America Corporation filed an 8-K on April 19, 2017, to incorporate exhibits into its Form S-3 shelf registration statement.
  • 2The filing includes Second Supplemental Indentures for both senior and subordinated debt, dated April 18, 2017.
  • 3These supplemental indentures modify existing indentures dating back to July 1, 2001.
  • 4The documents relate to Bank of America's "InterNotes®" program for issuing debt securities.
  • 5Forms of Senior and Subordinated InterNotes® Master Registered Global Notes are also included as exhibits.
  • 6This filing is procedural, supporting the company's ability to issue new debt under its existing registration framework.
  • 7The filing does not contain new financial statements or details of a material event outside of debt issuance mechanics.

Frequently Asked Questions

The primary purpose of this filing is to formally incorporate specific debt-related documents, namely Second Supplemental Indentures and forms of Global Notes for Senior and Subordinated InterNotes®, into Bank of America's existing shelf registration statement (Form S-3). This allows the company to continue issuing new debt securities under that registration.

InterNotes® are a type of debt security issued by Bank of America. The supplemental indentures are legal documents that amend and supplement the original agreements governing the issuance of these senior and subordinated debt securities. For investors, this indicates that Bank of America is continuing or preparing to issue new debt, potentially diversifying its funding sources and capital structure.

No, this filing is primarily procedural. It concerns the legal framework for issuing debt and does not contain new financial statements, earnings reports, or details about significant business events, operational changes, or material contracts beyond the debt issuance mechanisms.

The Bank of New York Mellon Trust Company, N.A. (as successor to The Bank of New York) is acting as the trustee for Bank of America's senior and subordinated debt. The supplemental indentures are agreements between Bank of America and this trustee, ensuring the terms and conditions of the debt issuance are properly documented and managed.