BAC Bank of America

TIDMBAC

RNS Number : 8341C

Merrill Lynch Intl (DTG) Syndicate

20 April 2017

20 April 2017

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

Bank of America Corporation

Pre-stabilisation Period Announcement

Merrill Lynch International (contact: Dharit Patel ; telephone: 0044 207 9953966) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/2016/1052 under the Market Abuse Regulation (EU/596/2014).

 
 The securities: 
-----------------  ------------------------------------------- 
 Issuer:            Bank of America Corporation 
-----------------  ------------------------------------------- 
 Guarantor          n/a 
  (if any): 
-----------------  ------------------------------------------- 
 Aggregate          EUR / benchmark size 
  nominal amount: 
-----------------  ------------------------------------------- 
 Description:       6nc5 FRN and 10nc9 FXD-to-FRN 
                     dual-tranche senior bond offering 
-----------------  ------------------------------------------- 
 Offer price:       To be confirmed, with initial 
                     price thoughts at 3mEUR+90bps 
                     for the 6nc5 FRN and ms+130bps 
                     for 10nc9 FXD-to-FRN tranche 
-----------------  ------------------------------------------- 
 Other offer        n/a 
  terms: 
-----------------  ------------------------------------------- 
 Stabilisation: 
-----------------  ------------------------------------------- 
 Stabilisation      Merrill Lynch International (Stabilisation 
  Manager(s):        Coordinator) 
-----------------  ------------------------------------------- 
 Stabilisation      20 April 2017 
  period expected 
  to start on: 
-----------------  ------------------------------------------- 
 Stabilisation      19 May 2017 (30 days after the 
  period expected    commencement of the stabilisation 
  to end no          period) 
  later than: 
-----------------  ------------------------------------------- 
 Existence,         The Stabilisation Manager(s) 
  maximum size       may over-allot the securities 
  and conditions     to the extent permitted in accordance 
  of use of          with applicable law. 
  over-allotment 
  facility: 
-----------------  ------------------------------------------- 
 Stabilisation      Over the counter (OTC) 
  trading venue: 
-----------------  ------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 20, 2017 03:16 ET (07:16 GMT)

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