New Issue: BofA sells $11.57 million capped leveraged notes on Rogers Commodity

By Susanna Moon

Chicago, Nov. 1 - Bank of America Corp priced $11.57 million of 0% Capped Leveraged Index Return Notes due Oct. 26, 2012 based on the Rogers International Commodity Index-Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus double any index gain, up to a cap of $11.632 per note.

Investors will receive par if the index falls by up to 10% and will be exposed to any decline beyond 10%.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the underwriter.

Issuer:	Bank of America Corp
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Rogers International Commodity Index-Excess Return
Amount:	$11,565,480
Maturity:	Oct. 26, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 16.32%; exposure to losses beyond 10%
Initial level:	2,641.20
Threshold level:	2,377.08, 90% of initial level
Pricing date:	Oct. 28
Settlement date:	Nov. 4
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	2%
Cusip:	06052R203

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