New Issue: Bank of America prices $36.63 million 11% coupon-bearing notes on Deere

New York, Nov. 28 - Bank of America Corp. priced $36.63 million of coupon-bearing notes due Dec. 6, 2012 linked to the common stock of Deere & Co., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly at the rate of 11% per year.

If the final price of Deere stock is greater than or equal to the threshold value, the payout at maturity will be par of $10. Investors will lose 1% for every 1% that the final price declines beyond the threshold value, 82.58% of the initial share price.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Coupon-bearing notes
Underlying stock:	Deere & Co. (NYSE: DE)
Amount:	$36,627,710
Maturity:	Dec. 6, 2012
Coupon:	11%, payable quarterly
Price:	Par
Payout at maturity:	If stock finishes at or above 82.58% of initial value, par; otherwise, exposure to losses beyond threshold value
Initial price:	$71.38
Threshold value:	$58.95, 82.58% of initial value
Pricing date:	Nov. 22
Settlement date:	Nov. 30
Agent:	Bank of America Merrill Lynch
Fees:	1.75%
Cusip:	06051P158

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