New Issue: Bank of America prices $57.55 million capped leveraged notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Feb. 27 - Bank of America Corp. priced $57.55 million of 0% Capped Leveraged Index Return Notes due Feb. 28, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, subject to a maximum return of 30.46%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	S&P 500
Amount:	$57,553,190
Maturity:	Feb. 28, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any gain in the index, subject to maximum return of 30.46%; par if index falls by up to 10%; exposure to losses beyond 10%
Initial index level:	1,363.46
Pricing date:	Feb. 23
Settlement date:	March 1
Agent:	Bank of America Merrill Lynch
Fees:	2%
Cusip:	06051P554

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