By E. Janene Geiss
Philadelphia, April 2 - Merrill Lynch & Co., Inc. priced $20 million of 0% Accelerated Return Notes due June 2, 2009 linked to the Health Care Select Sector Index, according to a 424B3 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum return of 17.1%. Investors will be fully exposed to any index decline.
The notes have been approved for listing on the American Stock Exchange under the symbol "HSJ."
Merrill Lynch & Co. is the underwriter.
| Issuer: | Merrill Lynch & Co., Inc.
|
| Issue: | Accelerated Return Notes
|
| Underlying index: | Health Care Select Sector Index
|
| Amount: | $20 million
|
| Maturity: | June 2, 2009
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus triple any index gain, capped at maximum return of 17.1%; full exposure to any index decline
|
| Initial index level: | 315.81
|
| Listing: | American Stock Exchange: HSJ
|
| Pricing date: | March 26
|
| Settlement date: | April 2
|
| Underwriter: | Merrill Lynch & Co.
|
| Fees: | 2%
|
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