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Published on 4/19/2016 in the Prospect News Structured Products Daily.

Bank of America plans enhanced return notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., April 19 – Bank of America Corp. plans to price 0% enhanced return notes with cap due April 25, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus triple the index gain, subject to a maximum payout of at least $1,370 per $1,000 principal amount of notes. Investors will be fully exposed to any index decline.

BofA Merill Lynch is the agent.

The notes are expected to price April 20.

The Cusip number is 06048WSN1.


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