New Issue: Bank of America sells $28.94 million Capped Leveraged Index Return Notes on S&P 500

By Marisa Wong

Madison, Wis., Nov. 27 - Bank of America Corp. priced $28.94 million of 0% Capped Leveraged Index Return Notes due Dec. 1, 2015 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum payout of par plus 18.02%. Investors will receive par if the index falls by up to 5% and will lose 1% for every 1% decline in the index beyond 5%.

BofA Merrill Lynch is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	S&P 500 Index
Amount:	$28,936,860
Maturity:	Dec. 1, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return, subject to maximum payout of par plus 18.02%; par if index falls by up to 5%; 1% loss for every 1% decline beyond 5%
Initial index level:	1,802.75
Threshold level:	1,712.61, 95% of initial level
Pricing date:	Nov. 26
Settlement date:	Dec. 3
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	06053G156

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