New Issue: Bank of America prices $16.99 million capped leveraged notes linked to MSCI indexes

By Angela McDaniels

Tacoma, Wash., Dec. 23 - Bank of America Corp. priced $16.99 million of 0% Capped Leveraged Index Return Notes due Dec. 21, 2012 linked to an equally weighted basket holding the MSCI EAFE index and the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any basket gain, subject to a maximum return of 24.5%. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	S&P 500
Amount:	$16,994,190
Maturity:	Dec. 21, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any basket gain, capped at 24.5%; par if basket falls by 10% or less; 1% loss for every 1% decline beyond 10%
Initial index levels:	1,643.76 for MSCI EAFE and 1,124.34 for MSCI Emerging Markets
Final index level:	Average of index's closing levels on the five trading days ending Dec. 18, 2012
Pricing date:	Dec. 21
Settlement date:	Dec. 30
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	2%
Cusip:	06052R419

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