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Published on 10/28/2013 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $13.93 million Accelerated Return Notes on Euro Stoxx, Topix

By Marisa Wong

Madison, Wis., Oct. 28 - Bank of America Corp. priced $13.93 million of 0% Accelerated Return Notes due Oct. 30, 2015 linked to a basket that includes the Euro Stoxx 50 index with a 75% weight and the Topix index with a 25% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par of $10 plus 300% of the basket return, subject to a maximum return of 31.5%. If the basket return is negative, investors will have 1-to-1 exposure to the decline.

BofA Merrill Lynch is the agent.

Issuer:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying indexes:Euro Stoxx 50 (75% weight), Topix (25% weight)
Amount:$13,934,920
Maturity:Oct. 30, 2015
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of basket return, return capped at 31.5%; if basket return is negative, 1-to-1 exposure to decline
Initial levels:3,038.96 for Euro Stoxx, 1,203.35 for Topix
Pricing date:Oct. 24
Settlement date:Oct. 31
Underwriter:BofA Merrill Lynch
Fees:2%
Cusip:06053G149

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