By Susanna Moon
Chicago, Jan. 31 - Bank of America Corp. priced $1 million of 0% Market Index Target-Term Securities due Jan. 31, 2017 based on a basket of three equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying indexes are the S&P 500, the Euro Stoxx 50 and the Nikkei 225.
The payout at maturity will be par of $10.00 plus any gain in the basket.
If the basket falls, the payout will be par.
Merrill Lynch, Pierce, Fenner & Smith Inc. is the underwriter.
| Issuer: | Bank of America Corp.
|
| Issue: | Market Index Target-Term Securities
|
| Underlying indexes: | S&P 500, the Euro Stoxx 50 and the Nikkei 225, equally weighted
|
| Amount: | $1 million
|
| Maturity: | Jan. 31, 2017
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus any basket gain; floor of par
|
| Pricing date: | Jan. 27
|
| Settlement date: | Jan. 31
|
| Underwriter: | Merrill Lynch, Pierce, Fenner & Smith Inc.
|
| Fees: | 4.5%
|
| Cusip: | 06048WFC9
|
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