Merrill Lynch to price bullish principal-protected notes linked to three indexes

By Angela McDaniels

Tacoma, Wash., Sept. 3 - Merrill Lynch & Co., Inc. plans to price 0% bullish 100% principal-protected notes due September 2010 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the Nikkei 225 index with a 33.34% weight, the Dow Jones Euro Stoxx 50 index with a 33.3% weight and the S&P 500 index with a 33.33% weight.

The payout at maturity will be par of $10 plus any basket gain, subject to a maximum return that is expected to be 16% to 20% and will be set at pricing. Investors will receive at least par.

The notes will price and settle in September.

Merrill Lynch & Co. and First Republic Securities Co, LLC will be the underwriters.

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