(Adds final price of sale)
HONG KONG, May 13 (Reuters) - An investor in China Construction Bank has sold $488 million worth of shares at HK$4.88 each, according to a source on Wednesday.
The price of the shares being sold is just under CCB's closing price of HK$4.98 on the Hong Kong stock exchange on Tuesday.
UBS AG was the bookrunner on the sale, according to a term sheet.
Bank of America on Tuesday sold $7.3 billion worth of shares in CCB 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; Editing by Chris Lewis)