New Issue: Bank of America prices $19.46 million of 7.5% notes linked to Exxon

By Susanna Moon

Chicago, Jan. 6 - Bank of America Corp. priced $19.46 million of 7.5% coupon-bearing notes due Jan. 18, 2013 linked to Exxon Mobil Corp. shares, according to an FWP filing with the Securities and Exchange Commission.

Interest is payable quarterly.

If Exxon stock finishes at or above the threshold value - 93% of the initial price - the payout at maturity will be par of $10.

Investors will share in losses beyond the threshold value.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Coupon-bearing notes
Underlying stock:	Exxon Mobil Corp. (NYSE: XOM)
Amount:	$19,463,160
Maturity:	Jan. 18, 2013
Coupon:	7.5%, payable quarterly
Price:	Par
Payout at maturity:	If stock finishes at or above threshold value, par; otherwise, exposure to losses beyond threshold
Initial price:	$85.66
Threshold value:	$79.66, 93% of initial value
Pricing date:	Jan. 4
Settlement date:	Jan. 11
Agent:	Bank of America Merrill Lynch
Fees:	1.75%
Cusip:	06051N856

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