Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers D > Headlines for Dow Jones-UBS Commodity Index-Excess Return > News item |
Bank of America plans accelerated return notes on DJ-UBS Commodity
By Susanna Moon
Chicago, Oct. 26 - Bank of America Corp. plans to price 0% Accelerated Return Notes due November 2014 linked to the Dow Jones-UBS Commodity Index - Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of $11.60 to $12.00 per note.
Investors will be exposed to any losses.
Bank of America Merrill Lynch is the agent.
The notes will price in November and settle in December.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.