New Issue: Bank of America prices $28.13 million capped leveraged return notes tied to gold

By Marisa Wong

Madison, Wis., Sept. 4 - Bank of America Corp. priced $28.13 million of 0% Capped Leveraged Index Return Notes due Sept. 3, 2014 linked to the spot price of gold, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any gain in the price of gold, up to a maximum return of 23.4%.

Investors will receive par if the price of gold falls by up to 10% and will be fully exposed to any losses if the price declines by more than 10%.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying asset:	Gold
Amount:	$28,127,050
Maturity:	Sept. 3, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any price gain, capped at 23.4%; par if gold falls by 10% or less; full exposure to any losses if gold drops by more than 10%
Initial level:	$1,660.50
Threshold level:	$1,494.45, or 90% of initial level
Pricing date:	Aug. 30
Settlement date:	Sept. 7
Underwriter:	Bank of America Merrill Lynch
Fees:	2%
Cusip:	06053D153

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