New Issue: Bank of America sells $20 million capped leveraged notes tied to Rogers Commodity

By Marisa Wong

Madison, Wis., July 30 - Bank of America Corp. priced $20 million of Capped Leveraged Index Return Notes due July 29, 2014 linked to 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 gain in the index, up to a maximum payment of $11.98 per note.

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

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Rogers International Commodity Index - Excess Return
Amount:	$20 million
Maturity:	July 29, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, return capped at 19.8%; par if index falls by up to 10%, exposure to losses beyond 10%
Initial level:	2,707.20
Threshold level:	2,436.48, 90% of initial level
Pricing date:	July 26
Settlement date:	Aug. 2
Agent:	Bank of America Merrill Lynch
Fees:	2%
Cusip:	06051R584

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