New Issue: Bank of America sells $41.3 million Eagles linked to Dow Jones Industrials

By Susanna Moon

Chicago, Dec. 21 - Bank of America priced $41.3 million of 0% Minimum Return Equity Appreciation Growth LinkEd Securities (Index Eagles) due Dec. 27, 2012 linked to the performance of the Dow Jones Industrial Average, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity is based on the performance of the index in the 20 three-month periods making up the life of the bond. The return in each period is capped at 8%. The minimum payout at maturity is par plus 5%.

Issuer:	Bank of America
Issue:	Minimum Return Equity Appreciation Growth LinkEd Securities (Index Eagles)
Underlying index:	Dow Jones Industrial Average
Amount:	$41.3 million
Maturity:	Dec. 27, 2012
Coupon:	0%
Price:	Par
Initial index level:	13,245.64
Payout at maturity:	Par plus return of index in 20 three-month periods; maximum gain in each period is 8%; minimum payout at maturity is par plus 5%
Pricing date:	Dec. 20
Settlement date:	Dec. 26
Agents:	Banc of America Securities LLC, Banc of America Investment Services, Inc.
Fees:	3%

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