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Published on 3/28/2016 in the Prospect News Structured Products Daily.

New Issue: Bank of America sells $16.28 million Capped Leveraged Index Return Notes on Stoxx

New York, March 28 – Bank of America Corp. priced $16.28 million of 0% Capped Leveraged Index Return Notes due March 23, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 26.2%.

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 underwriter.

Issuer:Bank of America Corp.
Issue:Capped Leveraged Index Return Notes
Underlying index:Euro Stoxx 50
Amount:$16,284,770
Maturity:March 23, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 200% of any index gain, subject to 26.2% maximum return; exposure to any index decline
Initial index level:3,042.42
Pricing date:March 23
Settlement date:March 31
Underwriters:BofA Merrill Lynch
Fees:2%
Cusip:06053Y595

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