New Issue: Bank of America prices $8.84 million Stars linked to Freeport-McMoRan

By Susanna Moon

Chicago, Dec. 3 - Bank of America Corp. priced $8.84 million of 0% Strategic Accelerated Redemption Securities due Dec. 12, 2014 tied to Freeport-McMoRan Copper & Gold Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at an annualized call premium of 22.8% if Freeport-McMoRan stock closes at or above the initial price on any of three observation dates.

The payout at maturity will be par unless the stock finishes below the initial level, in which case investors will be exposed to any losses.

BofA Merrill Lynch is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Strategic Accelerated Redemption Securities
Underlying stock:	Freeport-McMoRan Copper & Gold Inc.
Amount:	$8,840,300
Maturity:	Dec. 12, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par if stock finishes at or above initial level; otherwise, exposure to any losses
Call:	At par plus 22.8% annualized if Freeport-McMoRan shares close at or above initial price on May 23, 2014, Aug. 22, 2014 or Dec. 5, 2014
Initial price:	$35.27
Pricing date:	Nov. 26
Settlement date:	Dec. 3
Underwriters:	BofA Merrill Lynch
Fees:	1.25%
Cusip:	06053G347

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