Bank of America plans 0% Capped Leveraged Index Return notes on index

By Devika Patel

Knoxville, Tenn., March 30 – Bank of America Corp. will price 0% Capped Leveraged Index Return Notes due April 2018 linked to the Dow Jones U.S. Real Estate Index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus double the index return. Investors will receive par if the index falls by up to 10% and be exposed to losses beyond 10%.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the agent.

The notes will price in April and settle in May.

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