By Susanna Moon
Chicago, Oct. 29 - Bank of America Corp. added the Cusip number to its $3.5 million of commodity-linked notes due Dec. 3, 2013 linked to the Dow Jones-UBS Energy Total Return Sub-Index, according to an FWP filing with the Securities and Exchange Commission.
The Cusip number is , and the initial index level is 185.2765.
The coupon will be one-month Libor, reset monthly and payable at maturity.
The notes are putable, and they will be called if the index closes at or below 85% of its initial level.
The payout at maturity or upon redemption will be par plus triple the index return minus an investor fee of 0.25% per year.
Bank of America Merrill Lynch is the agent.
| Issuer: | Bank of America Corp.
|
| Issue: | Commodity-linked notes
|
| Underlying index: | Dow Jones-UBS Energy Total Return Sub-Index
|
| Amount: | $3.5 million
|
| Maturity: | Dec. 3, 2013
|
| Coupon: | One-month Libor, reset monthly and payable at maturity
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of index return less fee of 0.25% per year
|
| Put option: | At any time
|
| Call: | If index closes at or below 85% of initial level
|
| Initial index level | 185.2765
|
| Pricing date: | Oct. 24
|
| Settlement date: | Oct. 31
|
| Agent: | Bank of America Merrill Lynch
|
| Fees: | None
|
| Cusip: | 06048WNJ5
|
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