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

By Marisa Wong

Morgantown, W.Va., Aug. 12 – Bank of America Corp. plans to price 0% Accelerated Return Notes due October 2017 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 of $10 plus triple any index gain, up to a maximum return that is expected to be 18% to 22% and will be set at pricing. Investors will be exposed to any index decline.

BofA Merrill Lynch is the underwriter.

The notes will price in August and settle in September.

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