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Bank of America to price 0% return-linked notes linked to index basket
By Jennifer Chiou
New York, Aug. 30 - Bank of America plans to price 0% return-linked notes due 2013 linked to a basket of three indexes, according to a 424B5 filing with the Securities and Exchange Commission.
The basket includes equal weights of the S&P 500 index, the Dow Jones Euro Stoxx 50 index and the Nikkei 225 index.
At maturity, investors will receive par plus any positive return on the basket. The payout will not be less than par.
The notes will price and settle in September.
Banc of America Securities LLC and Banc of America Investment Services, Inc. will act as agents.
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