SUPPLEMENTAL INFORMATION MEMORANDUM XENON ...

DESCRIPTION OF THE COUNTERPARTY AND SWAP GUARANTOR
1. BUSINESS OF THE SWAP GUARANTOR
The Swap Guarantor was incorporated under the laws of the State of Delaware, U.S.A. in 1973.
Pursuant to an Agreement and Plan of Merger dated as of September 15, 2008, between Bank of
America Corporation (“Bank of America”) and the Swap Guarantor (as amended by Amendment
No. 1 dated as of October 21, 2008, the “Merger Agreement”), on January 1, 2009, the Swap
Guarantor merged with and into a wholly-owned subsidiary of Bank of America, with the Swap
Guarantor continuing as the surviving corporation and a subsidiary of Bank of America.
The Swap Guarantor is a holding company that, through its subsidiaries and affiliates, is one of the
world’s leading capital markets, advisory and wealth management companies and is a leading global
trader and underwriter of securities and derivatives across a broad range of asset classes, and serves
as a strategic advisor to corporations, governments, institutions and individuals worldwide. Its
parent, Bank of America, is a bank holding company and a financial holding company incorporated
in the State of Delaware, U.S.A. in 1998. Bank of America provides a diversified range of banking,
investing, asset management and other financial services and products to consumers across the
United States and in more than 40 countries. Bank of America provides these services and products
through six business segments: (1) Deposits, (2) Global Card Services, (3) Home Loans and
Insurance, (4) Global Banking, (5) Global Markets, and (6) Global Wealth and Investment
Management.
Moody’s Investors Service, Inc. (“Moody’s”) currently rates the Swap Guarantor’s long-term debt as
“A2” and short-term debt as “P-1.” Standard and Poor’s Ratings Services (“Standard and Poor’s”)
currently rates the Swap Guarantor’s long-term debt as “A” and short-term debt as “A-1.” Fitch,
Inc. (“Fitch”) currently rates the Swap Guarantor’s long-term debt as “A+” and short-term debt as
“F1+.” Further information with respect to such ratings may be obtained from Moody’s, Standard &
Poor’s and Fitch, respectively. No assurances can be given that the current ratings of the Swap
Guarantor’s debt will be maintained.
The principal executive office of the Swap Guarantor is located at 4 World Financial Center, New
York, NY 10080, United States of America. The Swap Guarantor's registered office in the State of
Delaware is c/o The Corporation Trust Company, Corporation Trust Center, 1209 Orange Street,
Wilmington, Delaware 19801, United States of America.
2. BUSINESS OF THE COUNTERPARTY
The Counterparty was incorporated under the laws of England and Wales on 2nd November, 1988.
The registered address of the Counterparty is Merrill Lynch Financial Centre, 2 King Edward Street,
London EC1A 1HQ.
The Counterparty's principal activities are to provide a wide range of financial services, to act as a
broker and dealer in financial instruments and to provide corporate finance services.
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