Attached files
file | filename |
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8-K - CURRENT REPORT - TELECOM HOLDRS TRUST | ss130298_8k-telecom.htm |
PROSPECTUS SUPPLEMENT
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EXHIBIT 99.1
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(To Prospectus dated March 15, 2011)
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REGISTRATION NO. 333-95807
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1,000,000,000 Depositary Receipts
Telecom HOLDRS (SM) Trust
This prospectus supplement supplements information contained in the prospectus dated March 15, 2011 relating to the sale of up to 1,000,000,000 depositary receipts by the Telecom HOLDRS (SM) Trust.
The share amounts specified in the table in the “Highlights of Telecom HOLDRS” section of the base prospectus shall be replaced with the following:
Name of Company
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Ticker
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Share
Amounts |
Primary Trading
Market |
||||
AT&T Inc.
|
T | 50.7721 |
NYSE
|
||||
BCE Inc.
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BCE
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4.5750 |
NYSE
|
||||
CenturyLink, Inc.
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CTL
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4.2868 |
NYSE
|
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Cincinnati Bell Inc.
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CBB
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2.0000 |
NYSE
|
||||
Frontier Communications Corporation
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FTR
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5.2232 |
NYSE
|
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Level 3 Communications, Inc.1
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LVLT
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0.2000 |
NYSE
|
||||
Telephone and Data Systems, Inc. Special Common Shares ‘TDS’
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TDS.S
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1.0000 |
NYSE
|
||||
Sprint Nextel Corporation
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S | 16.6050 |
NYSE
|
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Telephone and Data Systems, Inc.
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TDS
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1.0000 |
NYSE
|
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Verizon Communications Inc.
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VZ
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21.7600 |
NYSE
|
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Windstream Corporation
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WIN
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2.0679 |
NASDAQ GS
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(1) Effective October 20, 2011, the 1-for-15 reverse stock split of Level 3 Communications, Inc., an underlying constituent of the Telecom HOLDRS Trust, became effective. The quantity of shares of Level 3 Communications, Inc. represented by each 100 share round-lot of Telecom HOLDRS will decrease from 3 shares to 0.2 shares. As a result, once the split has been effected by the Depository Trust Company, deposits of Level 3 Communications, Inc. for creations of Telecom HOLDRS will decrease from 3 shares to 0.2 shares per round-lot of 100 Telecom HOLDRS. Also effective October 20, 2011, Level 3 Communications, Inc. will trade on the New York Stock Exchange and the CUSIP will change from 52729N100 to 52729N308. The ticker of Level 3 Communications, Inc. will remain the same.
The share amounts listed in the table above reflect all previous stock splits, dividends and business combination transactions.
The date of this prospectus supplement is October 25, 2011.