Bank of America plans Accelerated Return Notes on Merrill Commodity

By Susanna Moon

Chicago, Feb. 22 - Bank of America Corp. plans to price 0% Accelerated Return Notes due March 2015 linked to the Merrill Lynch Commodity index eXtra - Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 14% to 18%.

Investors will be exposed to any losses.

The exact deal terms will be set at pricing.

BofA Merrill Lynch is the agent.

The notes will price in March and settle in April.

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