New Issue: Bank of America prices $5 million six-month Stars linked to Brent crude

By Angela McDaniels

Tacoma, Wash., July 5 - Bank of America Corp. priced $5 million of 0% Strategic Accelerated Redemption Securities due Jan. 18, 2013 linked to Brent crude oil, according to a 424B2 filing with the Securities and Exchange Commission.

If the final price of oil is greater than the initial price of oil, the notes will be called and investors will receive par of $10 plus 16.4%. Otherwise, investors will be fully exposed to the decline in the price of oil.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Strategic Accelerated Redemption Securities
Underlying commodity:	Brent crude oil
Amount:	$5,001,000
Maturity:	Jan. 18, 2013
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Full exposure to decline in price of oil if notes are not called
Call:	Automatically at par plus 16.4% if final price of oil is greater than initial price of oil
Initial price:	$97.34
Pricing date:	July 2
Settlement date:	July 10
Agent:	Bank of America Merrill Lynch
Fees:	1%
Cusip:	06051R626

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