New Issue: Bank of America prices $33.75 million capped leveraged index return notes tied to S&P 500

By Toni Weeks

San Diego, Sept. 14 - Bank of America Corp. priced $33.75 million of capped leveraged index return notes due Aug. 30, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, subject to a maximum return of 34.86%.

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

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Capped leveraged index return notes
Underlying index:	S&P 500
Amount:	$33,753,730
Maturity:	Aug. 30, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par of $10 plus double any index gain, capped at 34.86%; par if index falls up to 10%, with exposure to losses beyond 10%
Initial level:	1,162.27
Threshold value:	1,046.04, 90% of initial value
Pricing date:	Sept. 12
Settlement date:	Sept. 16
Agent:	Bank of America Merrill Lynch
Fees:	2%
Cusip:	06051N385

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