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Published on 11/4/2015 in the Prospect News Structured Products Daily.

New Issue: Bank of America prices $15.32 million Accelerated Return Notes linked to indexes

By Susanna Moon

Chicago, Nov. 4 – Bank of America Corp. priced $15.32 million of 0% Accelerated Return Notes due Oct. 27, 2017 linked to a basket comprising the Euro Stoxx 50 index and the JPX-Nikkei Index 400, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any basket gain, up to a maximum return of 27.45%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the underwriter.

Issuer:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying basket:Euro Stoxx 50 index and the JPX-Nikkei Index 400, equally weighted
Amount:$15,320,490
Maturity:Oct. 27, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any basket gain, capped at 27.45%; exposure to any losses
Initial levels:3,413.39 for Euro Stoxx and 13,888.86 for JPX-Nikkei
Pricing date:Oct. 29
Settlement date:Nov. 6
Underwriters:BofA Merrill Lynch
Fees:2%
Cusip:06053W854

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