Bank of America plans to price Stars linked to Euro Stoxx 50 index

By Marisa Wong

Madison, Wis., Dec. 12 - Bank of America Corp. plans to price 0% Strategic Accelerated Redemption Securities due January 2015 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

If the index closes at or above its initial level on any quarterly observation date beginning in June 2014, the notes will be called at par of $10 plus an annualized call premium of 11% to 15%. The exact call premium will be determined at pricing.

The payout at maturity will be par plus the index return. Investors will be exposed to any losses.

The notes will price and settle in December.

BofA Merrill Lynch is the agent.

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