New Issue: Bank of America sells $1.73 million leveraged barrier notes linked to Euro Stoxx

By Marisa Wong

Madison, Wis., March 3 – Bank of America Corp. priced $1.73 million of 0% leveraged barrier notes due Aug. 31, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum payout of $1,217 per $1,000 principal amount of notes.

Investors will receive par if the index falls by up to 15% and will be fully exposed to any losses if the index finishes below the 85% barrier level.

BofA Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Leveraged barrier notes
Underlying index:	Euro Stoxx 50 index
Amount:	$1,725,000
Maturity:	Aug. 31, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% times any index gain, capped at 21.7%; par if index falls by up to 15%; full exposure to losses if index falls below barrier level
Initial level:	3,574.94
Barrier level:	3,038.70, 85% of initial level
Pricing date:	Feb. 26
Settlement date:	March 3
Agent:	BofA Merrill Lynch
Fees:	1.25%
Cusip:	06048WQM5

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