New Issue: Bank of America prices $59 million 0% notes linked to index basket

By Angela McDaniels

Seattle, Oct. 25 - Bank of America priced a $59 million issue of 0% senior notes due Oct. 27, 2011 linked to equal weights of the S&P 500, Nikkei 225 and Dow Jones Euro Stoxx 50 indexes, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any positive return on the basket. Investors will receive at least par.

Issuer:	Bank of America
Issue:	Return-linked senior notes
Underlying indexes:	S&P 500, Nikkei 225, Dow Jones Euro Stoxx 50, equally weighted
Amount:	$59 million
Maturity:	Oct. 27, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus return on index basket; floor of par
Pricing date:	Oct. 24
Settlement date:	Oct. 27
Agent:	Banc of America Securities LLC, Banc of America Investment Services, Inc.
Agent fees:	300 basis points
Listing:	"BOR.Q" on the American Stock Exchange

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