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Published on 5/4/2021 in the Prospect News Structured Products Daily.

New Issue: BofA prices $18.51 million Leveraged Index Return Notes on Euro Stoxx

By Marisa Wong

Los Angeles, May 4 – BofA Finance LLC priced $18.51 million of 0% Leveraged Index Return Notes due April 24, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The payout at maturity will be par of $10 plus 1.75 times any index gain.

If the index falls by up to 20%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 20%.

BofA Securities, Inc. is the agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Leveraged Index Return Notes
Underlying index:Euro Stoxx 50 index
Amount:$18,506,690
Maturity:April 24, 2026
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.75 times any index gain; if index falls by up to 20%, par; otherwise, 1% loss for every 1% index decline beyond 20%
Initial level:3,996.90
Threshold level:3,197.52, 80% of initial level
Final level:Average of index closing levels on each of the five trading days ending April 21, 2026
Pricing date:April 29
Settlement date:May 6
Agent:BofA Securities, Inc.
Fees:2.5%
Cusip:09710D301

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