New Issue: Bank of America prices $35.44 million accelerated return notes linked to financial stocks

By Toni Weeks

San Luis Obispo, Calif., Feb. 25 - Bank of America Corp. priced $35.44 million of 0% Accelerated Return Notes due April 25, 2014 linked to a basket of three equally weighted financial sector stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group, Inc.

The payout at maturity will be par of $10.00 plus triple any gain in the basket, up to a maximum return of 22.5%.

Investors will be fully exposed to any losses.

BofA Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying stocks:	Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group, Inc., equally weighted
Amount:	$35,435,160
Maturity:	April 25, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, capped at 22.5%; exposure to losses
Initial prices:	$42.35 for Citigroup, $48.25 for JPMorgan Chase and $150.88 for Goldman Sachs
Pricing date:	Feb. 21
Settlement date:	Feb. 28
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	06053E417

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