Rule: 424(b)(3)
File No: 333-86829
PRICING SUPPLEMENT NO. 12 DATED APRIL 26, 2000
(To Prospectus Supplement dated December 23, 1999 and Prospectus
dated December 10, 1999)
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FLEET BOSTON CORPORATION
SENIOR MEDIUM-TERM NOTES, SERIES P (The "Senior Notes") AND
SUBORDINATED MEDIUM-TERM NOTES, SERIES Q (The "Subordinated Notes")
DUE 9 MONTHS OR MORE FROM DATE OF ISSUE
FLOATING RATE NOTE
Series P (Senior) [x] Series Q (Subordinated) [ ]
<S> <C> <C> <C>
Principal Amount: $50,000,000.00 CUSIP Number: 33900QAW4
Price to Public: 100.00% Original Issue Discount (OID) Note: [ ] Yes [x] No
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Total Amount of OID:
Issue Date: May 1, 2000 Yield to Maturity:
Maturity Date: May 1, 2002 Initial Accrual Period OID:
Price to Issuer
(as % principal): 99.9620%
Specified Currency (if
other than U.S. Dollars):
Interest Rate Basis: [ ] CMT Rate [ ] Treasury Rate
Designated CMT Telerate Page: [ ] Federal Funds Rate
Designated CMT Maturity Index: [ ] Prime Rate
[ ] Commercial Paper Rate [ ] Other:
[x] LIBOR
LIBOR SCREEN
Telerate [x]
Reuters [ ]
Other [ ]
Index Maturity: 3 Month
Spread: plus 14 basis points
Spread Multiplier:
Maximum Interest Rate:
Minimum Interest Rate:
Initial Interest Rate: 6.53125%
Method of Calculation: Actual / 360 [x] Actual/Actual [ ] 30/360 [ ]
Interest Determination Dates: [ ] One Business Day Prior to the Interest Reset Date (No Rate Cutoff)
[ ] Two Business Days Prior to the Interest Reset Date
[x] Two London Business Days Prior to the Interest Reset Date
Initial Interest Reset Date: August 1, 2000
Interest Reset Dates: Quarterly on each Interest Payment Date
Interest Payment Dates: the 1st of each August, November, February and May
or next good New York and London business day commencing
August 1, 2000, and subject to modified following business
day convention.
Regular Record Dates (if other than the 15th day prior to each Interest Payment Date):
Interest Reset Period: Quarterly
Interest Payment Period: Quarterly
Calculation Agent (if other than Bank of New York):
Redemption: [x] The Notes cannot be redeemed prior to maturity
[ ] The Notes can be redeemed prior to maturity
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction:
Repayment: [x] The Notes cannot be repaid prior to maturity
[ ] The Notes can be repaid prior to maturity, at the
option of the holder of the Note
Holder's Optional Repayment Date(s):
Index Currency: Place of Payment: Authorized Denomination:
(only if non-U.S. Dollar denominated)
Agent: Bear Stearns & Co. Inc.
Agent's Capacity: [x] As Principal [ ] As Agent
Delivery: DTC # 352
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Additional Terms:
