New Issue: Bank of America prices $21.63 million capped leveraged return notes on Brent crude

By Marisa Wong

Madison, Wis., Sept. 28 - Bank of America Corp. priced $21.63 million of 0% Capped Leveraged Index Return Notes due March 18, 2014 linked to the Brent crude oil futures contract, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any gain in the futures contract price, up to a maximum return of 49.1%.

Investors will receive par if the price of Brent crude oil falls by up to 5% and will be exposed to any losses beyond 5%.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying commodity:	Brent crude oil futures contract
Amount:	$21,629,440
Maturity:	March 18, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any gain in the futures contract price, return capped at 49.1%; par if price of Brent crude oil falls by up to 5%; full exposure to losses beyond 5%
Initial price:	$110.04
Threshold price:	$104.54, 95% of initial price
Pricing date:	Sept. 26
Settlement date:	Oct. 2
Agent:	Bank of America Merrill Lynch
Fees:	2%
Cusip:	06053D484

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