Bank of America plans Accelerated Return Notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 15 – Bank of America Corp. plans to price Accelerated Return Notes due March 2017 tied 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 triple any index gain, up to a maximum return of 16% to 20%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

The notes will price in January and settle in February.

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