New Issue: Bank of America prices $3.49 million Accelerated Return Notes tied to JPX-Nikkei

By Wendy Van Sickle

Columbus, Ohio, Aug. 29 – Bank of America Corp. priced $3.49 million of 0% Accelerated Return Notes due Oct. 27, 2017 linked to the JPX-Nikkei index 400, 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 of 18.48%.

Investors will be exposed to any losses.

Merrill Lynch & Co. is the agent.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying index:	JPX-Nikkei index 400
Amount:	$3,485,480
Maturity:	Oct. 27, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 18.48%; exposure to any index decline
Initial level:	11,719.50
Final index level:	Average of index’s closing levels on five trading days ending Oct. 24, 2017
Pricing date:	Aug. 25
Settlement date:	Sept. 1
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	06054B420

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