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Published on 9/3/2013 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $41.12 million Capped Leveraged Index Return Notes linked to S&P 500

New York, Sept. 3 - Bank of America Corp. priced $41.12 million of 0% Capped Leveraged Index Return Notes due Aug. 28, 2015 tied to the S&P 500 Index 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 16%. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline in the index beyond 10%.

Merrill Lynch & Co. is the underwriter.

Issuer:Bank of America Corp.
Issue:Capped Leveraged Index Return Notes
Underlying index:S&P 500 Index
Amount:$41,115,130
Maturity:Aug. 28, 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 16%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial index level:1,638.17
Pricing date:Aug. 29
Settlement date:Sept. 6
Underwriters:Merrill Lynch & Co.
Fees:2%
Cusip:06053F398

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