New Issue: Bank of America prices $4.9 million Leveraged Index Return Notes on crude oil contracts

By Toni Weeks

San Diego, Jan. 13 - Bank of America Corp. priced $4.9 million of capped Leveraged Index Return Notes due March 22, 2013 linked to the crude oil futures contract, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus triple any gain in the price of the crude oil futures contract, subject to a maximum payment of $12.07 per $10.00 principal amount.

Investors will receive par if the price falls by up to 10% and will be exposed to any losses beyond 10%.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying commodity:	Crude oil futures contract
Amount:	$4,896,090
Maturity:	March 22, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any gain in the price of the crude oil futures contract, subject to cap of 20.7%; par if price falls by up to 10%, exposure to losses beyond 10%
Initial price:	$100.87
Threshold price	$90.78, 90% of initial price
Pricing date:	Jan. 11
Settlement date:	Jan. 13
Agent:	Bank of America Merrill Lynch
Fees:	2%
Cusip:	06051P471

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