New Issue: Bank of America prices $45.63 million capped leveraged return notes linked to gold

By Susanna Moon

Chicago, Oct. 31 - Bank of America Corp. priced $45.63 million of 0% Capped Leveraged Index Return Notes due Nov. 4, 2013 linked to the gold spot price, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus double any gain in the price of gold, up to a maximum payout of $14.88 per note.

Investors will receive par if the price of gold falls by up to 10% and will be exposed to any decline beyond 10%.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying commodity:	Gold
Amount:	$45,626,970
Maturity:	Nov. 4, 2013
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any gain in gold price, capped at 48.8%; par if gold price falls up to 10%; exposure to losses beyond 10%
Initial price:	$1,718.00
Threshold value:	$1,546.20, 90% of initial value
Pricing date:	Oct. 27
Settlement date:	Nov. 3
Agent:	Bank of America Merrill Lynch
Fees:	2%
Cusip:	06051N583

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