New Issue: Bank of America sells $22.39 million Stars linked to Ford Motor stock

By Marisa Wong

Madison, Wis., June 27 - Bank of America Corp. priced $22.39 million 0% Strategic Accelerated Redemption Securities due July 3, 2012 linked to the common stock of Ford Motor Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the price of Ford shares closes at or above the initial price on Dec. 20, March 23, 2012 or June 26, 2012, the notes will be called at par of $10 plus a premium of 22.77% per year.

If the notes are not called, the payout at maturity will be par plus the share price return. Investors will be fully exposed to losses.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Strategic Accelerated Redemption Securities
Underlying stock:	Ford Motor Co. (NYSE: F)
Amount:	$22,389,870
Maturity:	July 3, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus share price return with full exposure to losses
Call:	At par plus 22.77% per year if Ford shares close at or above initial price on Dec. 20, March 23, 2012 or June 26, 2012
Initial price:	$13.30
Pricing date:	June 23
Settlement date:	July 1
Agent:	Bank of America Merrill Lynch
Fees:	1.25%
Cusip:	06051N146

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