New Issue: Bank of America prices $11.83 million 0% Stars linked to S&P 500 index

By Susanna Moon

Chicago, Nov. 23 - Bank of America Corp. priced $11.83 million of 0% Strategic Accelerated Redemption Securities due Dec. 4, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above its initial level on any of three observation dates, the notes will be called at par of $10 plus an annualized call premium of 19.87%.

The payout at maturity will be par plus any index gain.

Investors will receive par if the index falls by up to 5% and will share in any losses beyond the 5% buffer.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Strategic Accelerated Redemption Securities
Underlying index:	S&P 500 index
Amount:	$11,826,000
Maturity:	Dec. 4, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus index return; par if index falls by up to 5% with exposure to losses beyond 5%
Call:	At par plus 19.87% annualized if index closes at or above initial level on May 22, 2012, Aug. 28, 2012 and Nov. 27, 2012
Initial level:	1,188.04
Threshold level:	1,128.64, 95% of initial level
Pricing date:	Nov. 22
Settlement date:	Nov. 30
Underwriter:	Bank of America Merrill Lynch
Fees:	1.25%
Cusip:	06051P141

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