Bank of America plans Accelerated Return Notes on Euro Stoxx 50

By Jennifer Chiou

New York, Jan. 17 - Bank of America Corp. plans to price 0% Accelerated Return Notes due March 2014 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus triple any gain in the index, up to a maximum return of 17% to 21%.

Investors will be fully exposed to any losses.

The notes are expected to price and settle in January.

Bank of America Merrill Lynch will be the agent.

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