Bank of America to price one-year Stars linked to RBOB gasoline

By Angela McDaniels

Tacoma, Wash., Nov. 17 - Bank of America Corp. plans to price one-year 0% Strategic Accelerated Redemption Securities linked to the settlement price for the front-month futures contract for RBOB gasoline, according to an FWP filing with the Securities and Exchange Commission.

If the final price is greater than or equal to the initial price, the notes will be automatically called and investors will receive par of $10.00 plus $1.30 to $1.70. The exact call amount will be set at pricing.

If the final price is less than the initial price, investors will be exposed to the decline.

The notes will price in November or December.

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

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