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Published on 10/29/2012 in the Prospect News Structured Products Daily.

New Issue: Bank of America sells $13.89 million Leveraged Index Return Notes tied to the Dow

By Marisa Wong

Madison, Wis., Oct. 29 - Bank of America Corp. priced $13.89 million of 0% Leveraged Index Return Notes due Oct. 30, 2015 linked to Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 129.3% of any index gain. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% that it declines beyond 10%.

Bank of America Merrill Lynch is the agent.

Issuer:Bank of America Corp.
Issue:Leveraged Index Return Notes
Underlying index:Dow Jones industrial average
Amount:$13,894,880
Maturity:Oct. 30, 2015
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 129.3% of any index gain; par if index falls by up to 10%; 1% loss for every 1% drop beyond 10%
Initial level:13,103.68
Pricing date:Oct. 25
Settlement date:Nov. 2
Agent:Bank of America Merrill Lynch
Fees:2.25%
Cusip:06053D526

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