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Published on 6/3/2013 in the Prospect News Structured Products Daily.

New Issue: BofA prices $17.27 million 0% Accelerated Return Notes on three stocks

By Marisa Wong

Madison, Wis., June 3 - Bank of America Corp. priced $17.27 million of 0% Accelerated Return Notes due July 25, 2014 linked to a basket of three stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of equal weights of Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co.

The payout at maturity will be par of $10 plus triple any gain in the basket, subject to a maximum return of 19.5%. Investors will be fully exposed to any decline in the basket.

BofA Merrill Lynch will act as agent.

Issuer:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying stocks:Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC)
Amount:$17,273,550
Maturity:July 25, 2014
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any gain in the basket, return capped at 19.5%; full exposure to any basket decline
Initial prices:$53.27for Citigroup, $55.62 for JPMorgan, $41.25 for Wells Fargo
Pricing date:May 30
Settlement date:June 6
Agent:BofA Merrill Lynch
Fees:2%
Cusip:06053E854

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