New Issue: Bank of America prices $1.95 million 0% notes linked to natural gas

By Jennifer Chiou

New York, Aug. 28 - Bank of America Corp. priced $1.95 million of 0% commodity-linked notes due Aug. 28, 2012 linked to Henry Hub natural gas, according to a 424B5 filing with the Securities and Exchange Commission.

The final price of natural gas will be the average of its closing prices on Aug. 26 of 2009, 2010 and 2011 and Aug. 23, 2012.

If the final price of natural gas is greater than the initial price, the payout at maturity will be par plus the gain. Otherwise, the payout will be par.

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

Issuer:	Bank of America Corp.
Issue:	Commodity-linked notes
Underlying commodity:	Henry Hub natural gas
Amount:	$1,954,000
Maturity:	Aug. 28, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any increase in the natural gas price; floor of par
Initial natural gas price:	$8.25
Final natural gas price:	Average of closing prices on Aug. 26 of 2009, 2010 and 2011 and Aug. 23, 2012
Pricing date:	Aug. 26
Settlement date:	Aug. 28
Agents:	Banc of America Securities LLC and Banc of America Investment Services, Inc.
Fees:	2.5%

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