New Issue: Bank of America prices $17.43 million one-year Stars tied to Citigroup

By Toni Weeks

San Luis Obispo, Calif., Feb. 11 - Bank of America Corp. priced $17.43 million of 0% Strategic Accelerated Redemption Securities due Feb. 24, 2014 linked to the common stock of Citigroup Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the price of Citigroup stock closes at or above its initial price on any of three quarterly observation dates beginning Aug. 9, the notes will be called at par of $10 plus a call premium of 14.61% per year.

Investors will receive par at maturity if the share price falls by up to 5% and will be exposed to losses beyond 5%.

BofA Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Strategic Accelerated Redemption Securities
Underlying stock:	Citigroup Inc. (NYSE: C)
Amount:	$17,430,530
Maturity:	Feb. 24, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par if share price falls by up to 5%, full exposure to losses beyond 5%
Call:	At par plus premium of 14.61% per year if Citigroup shares close at or above initial price on Aug. 9, Nov. 8, 2013 or Feb. 14, 2014
Initial price:	$42.84
Threshold price:	$40.70, 95% of initial price
Pricing date:	Feb. 7
Settlement date:	Feb. 14
Agent:	BofA Merrill Lynch
Fees:	1.25%
Cusip:	06053E359

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