New Issue: BofA prices $22.73 million 7% coupon-bearing notes on Halliburton

By Susanna Moon

Chicago, Feb. 14 - Bank of America Corp. priced $22.73 million of 7% coupon-bearing notes due Feb. 28, 2012 linked to the common stock of Halliburton Co., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

If the final share price is greater than or equal to 90.48% of the initial share price, the payout at maturity will be par of $10.

Investors will lose 1% for every 1% decline beyond the threshold.

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

Issuer:	Bank of America Corp.
Issue:	Coupon-bearing notes
Underlying stock:	Halliburton Co. (NYSE: HAL)
Amount:	$22,729,610
Maturity:	Feb. 28, 2012
Coupon:	7%, payable quarterly
Price:	Par of $10
Payout at maturity:	Par if final price is greater than or equal to threshold value; 1% loss per 1% decline below threshold value
Initial stock price:	$44.15
Threshold value:	$39.95, 90.48% of initial price
Pricing date:	Feb. 10
Settlement date:	Feb. 28
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	1.75%
Cusip:	06052R799

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