New Issue: Bank of America prices $16 million Eagles linked to S&P 500

By E. Janene Geiss

Philadelphia, Jan. 28 - Bank of America priced $16 million of 0% Minimum Return Equity Appreciation Growth Linked Securities due Jan. 30, 2015 linked to the S&P 500 index, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the return on the index during each of the 24 three-month periods making up the life of the notes. The return in each period is capped at 9.75%, and the minimum payout at maturity will be par plus 6%.

Banc of America Securities LLC and Banc of America Investment Services, Inc. are the agents.

Issuer:	Bank of America
Issue:	Minimum Return Equity Appreciation Growth Linked Securities
Underlying index: S&P 500
Amount:	$16 million
Maturity:	Jan. 30, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus index return in 24 three-month periods, with a maximum gain of 9.75% in each period; floor of par plus 6%
Initial index level: 841.712
Pricing date:	Jan. 27
Settlement date:	Jan. 30
Agents:	Banc of America Securities LLC, Banc of America Investment Services, Inc.
Fees:	3%

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