New Issue: Bank of America prices $37.54 million Accelerated Return Notes linked to Citigroup

By Susanna Moon

Chicago, Dec. 26 - Bank of America Corp. priced $37.54 million of 0% Accelerated Return Notes due Feb. 28, 2014 linked to Citigroup Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any gain, up to a maximum return of 24.15%.

Investors will be exposed to any losses.

Bank of America Merrill Lynch is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying stock:	Citigroup Inc. (NYSE: C)
Amount:	$37,543,710
Maturity:	Feb. 28, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of gain, capped at 24.15%; exposure to losses
Pricing date:	Dec. 20
Settlement date:	Dec. 28
Underwriter:	Bank of America Merrill Lynch
Fees:	2%
Cusip:	06053D856

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