New Issue: Bank of America sells $16.08 million leveraged notes linked to S&P 100

By Susanna Moon

Chicago, Aug. 27 - Bank of America Corp. priced $16.08 million of 0% Leveraged Index Return Notes due Aug. 30, 2013 based on the S&P 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.299 times any index gain.

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

Merrill Lynch, Pierce, Fenner & Smith Inc. is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Leveraged Index Return Notes
Underlying index:	S&P 100 index
Amount:	$16,081,120
Maturity:	Aug. 30, 2013
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 129.9% of any index gain; exposure to losses beyond 10%
Initial level:	478.67
Threshold level:	430.80, or 90% of initial level
Pricing date:	Aug. 25
Settlement date:	Sept. 2
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	2.25%
Cusip:	06052K562

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