Bank of America plans Leveraged Index Return Notes linked to Rogers International Commodity

By Susanna Moon

Chicago, May 29 - Bank of America Corp. plans to price 36- to 42-month 0% Leveraged Index Return Notes linked to the Rogers International Commodity Index - Agriculture Excess Return, according to a 424B3 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 130% of any index gain.

Investors will receive par if the index falls by up 10% and will lose 1% for every 1% decline beyond 10%.

Merrill Lynch & Co., First Republic Securities Co., LLC and Banc of America Investment Services, Inc. are the agents.

The notes will price in June and settle in July.

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