New Issue: Bank of America sells $18.13 million Leveraged Index Return Notes tied to S&P 500

By Marisa Wong

Madison, Wis., July 2 - Bank of America Corp. priced $18.13 million of 0% Leveraged Index Return Notes due June 26, 2015 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 153.3% of any index gain. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond the 10% buffer.

The final index level will equal the average of the closing index levels for the five trading days ending June 23, 2015.

Bank of America Merrill Lynch is the agent.

Issuer:	Bank of America Corp.
Issue:	Leveraged Index Return Notes
Underlying index:	S&P 500 index
Amount:	$18,132,740
Maturity:	June 26, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 153.3% of any index gain; par if index falls by up to 10%; 1% loss for every 1% drop beyond 10%
Initial level:	1,329.04
Final level:	Average of closing index levels for five trading days ending June 23, 2015
Threshold level:	1,196.14, 90% of initial level
Pricing date:	June 28
Settlement date:	July 6
Agent:	Bank of America Merrill Lynch
Fees:	2.25%
Cusip:	06051R394

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