HONG KONG, May 13 (Reuters) - An investor in China Construction Bank (0939.HK: Quote, Profile, Research) is selling $460 million worth of shares at HK$4.84-HK$5.03 each, according to a term sheet obtained by Reuters on Wednesday.

The price of the shares being sold represents a range of a 2.8 percent discount to a 1 percent premium to the last closing price of CCB's Hong Kong-listed stock.

Bank of America (BAC.N: Quote, Profile, Research) on Tuesday sold $7.3 billion worth of shares in CCB (601939.SS: Quote, Profile, Research) to a group of investors at HK$4.20 each, or a 14.3 percent discount to their closing price on Monday.

(Reporting by Clare Jim)