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Published on 1/8/2013 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $27.03 million Accelerated Return Notes tied to financial stocks

New York, Jan. 8 - Bank of America Corp. priced $27.03 million of 0% Accelerated Return Notes due Jan. 9, 2015 tied to a basket of three equally weighted stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Citigroup Inc., American International Group, Inc. and Goldman Sachs Group, Inc.

If the basket return is positive, the payout at maturity will be par plus 300% of the return, subject to a maximum payout of par plus 36.5%. Investors will lose 1% for every 1% decline in the basket.

Merrill Lynch & Co. is the underwriter.

Issuer:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying basket:Citigroup Inc. (NYSE: C), American International Group, Inc. (NYSE: AIG) and Goldman Sachs Group, Inc. (NYSE: GS)
Amount:$27,031,060
Maturity:Jan. 9, 2015
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus 300% of return, subject to maximum payout of par plus 36.5%; 1% loss for every 1% decline
Pricing date:Jan. 4
Settlement date:Jan. 10
Underwriters:Merrill Lynch & Co.
Fees:2%
Cusip:06053E136

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