Bank of America plans capped leveraged notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, Oct. 4 – Bank of America Corp. plans to price 0% Capped Leveraged Index Return Notes due December 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 plus double any index gain, up to a maximum return of 13% to 17%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 5% and will lose 1% for every 1% decline beyond 5%.

BofA Merrill Lynch is the agent.

The notes will price in October and settle in November.

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