New Issue: Bank of America prices $10.3 million Accelerated Return Notes linked to Russell

By Wendy Van Sickle

Columbus, Ohio, July 11 – Bank of America Corp. priced $10.3 million of 0% Accelerated Return Notes due Aug. 25, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any index gain, subject to a maximum return of 14.97%. Investors will be exposed to any index decline.

BofA Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying index:	Russell 2000
Amount:	$10,301,670
Maturity:	Aug. 25, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 14.97%; exposure to any index decline
Initial level:	1,149.756
Final index level: Average of index’s closing levels on five trading days ending Aug. 22, 2017
Pricing date:	July 7
Settlement date:	July 13
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	06054B180

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