New Issue: Bank of America prices $19.34 million Mitts due 2017 linked to the Dow

By Marisa Wong

Madison, Wis., Feb. 27 - Bank of America Corp. priced $19.34 million of 0% Market Index Target-Term Securities due Feb. 24, 2017 linked to the 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 any index gain, subject to a maximum payout of $18.305 and a minimum payout of par.

The final index level will equal the average of the index's closing levels on the five trading days ending Feb. 21, 2017.

Bank of America Merrill Lynch is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Market Index Target-Term Securities
Underlying index:	Dow Jones industrial average
Amount:	$19,338,870
Maturity:	Feb. 24, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus any index gain with return capped at 83.05%; minimum payout of par
Initial index level:	12,984.69
Final index level:	Average of index's closing levels on five trading days ending Feb. 21, 2017
Pricing date:	Feb. 23
Settlement date:	March 1
Underwriter:	Bank of America Merrill Lynch
Fees:	2.5%
Cusip:	06051P513

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