New Issue: Bank of America prices $74.11 million of 30-year notes at par to yield 6%

By Jennifer Chiou

New York, Nov. 7 - Bank of America Corp. priced a $74.11 million offering of subordinated unsecured InterNotes (Aa2/AA-) at par to yield 6%, according to a 424B3 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes mature on Nov. 15, 2037 and are callable at par on any coupon date beginning Nov. 15, 2012.

Banc of America Securities LLC and Incapital, LLC were the joint lead managers and lead agents. Agents included A.G. Edwards & Sons, Inc., Charles Schwab & Co., Inc., Citigroup Global Markets Inc., Edward D. Jones & Co., LP, Merrill Lynch & Co., Morgan Stanley, UBS Securities LLC, Wachovia Securities, LLC and WaMu Investments, Inc.

Issuer:	Bank of America Corp.
Issue:	Subordinated unsecured InterNotes
Amount:	$74,112,000
Maturity:	Nov. 15, 2037
Lead managers/agents:	Banc of America Securities LLC, Incapital, LLC
Coupon:	6%
Price:	Par
Yield:	6%
Call:	Beginning Nov. 15, 2012 onwards on any coupon date at par plus accrued interest
Trade date:	Nov. 5
Settlement date:	Nov. 8
Ratings:	Moody's: Aa2
	Standard & Poor's: AA-
Fees:	3.15%

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