Bank of America plans four-year leveraged notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, Aug. 8 - Bank of America Corp. plans to price 0% Leveraged Index Return Notes due August 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 140% to 160% of any index gain, with the exact participation rate to be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

BofA Merrill Lynch is the agent.

The notes will price and settle in August.

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