BANK OF AMERICA

Investor Relations

Credit Ratings

Credit Ratings for Bank of America and Selected Legal Entities
as of October 12, 2017

Credit ratings and outlooks are opinions subject to ongoing review by the rating agencies and may change from time to time based on Bank of America's financial performance, industry dynamics, and other factors.

Bank of America Corporation
Bank of America, N.A.
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch International
Bank of America Merrill Lynch International Limited
BofA Finance LLC (1)
Bank of America California, N.A.
BAC Canada Finance Company
Merrill Lynch & Co., Canada Ltd.
Merrill Lynch Japan Finance GK
Merrill Lynch Japan Securities Co., Ltd.
Merrill Lynch B.V.
Merrill Lynch Bank and Trust Company (Cayman) Limited
Bank of America Merrill Lynch International D.A.C. (formerly Merrill Lynch International Bank D.A.C.)
Bank of America Mexico, S.A., Institucion de Banca Multiple
Merrill Lynch Mexico, S.A. de C.V., Casa de Bolsa
Bank of America Merrill Lynch Banco Múltiplo S.A.
DSP Merrill Lynch Capital Limited
DSP Merrill Lynch Limited
Merrill Lynch Derivative Products AG
  1. Rating applies to payment obligations under issuance program. There is no assurance that individual notes issued under the program will be assigned a rating.
  2. Moody’s currently reports long-term ratings for certain issuances of Merrill Lynch S.A (MLSA). MLSA merged into Merrill Lynch B.V. (MLBV) on January 1, 2013 leaving MLBV as the surviving entity. All notes or certificates previously issued by MLSA, including both rated and unrated issuances, are now obligations of MLBV.