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Published on 6/5/2019 in the Prospect News Structured Products Daily.

New Issue: BofA Finance prices $3.15 million digital notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, June 5 – BofA Finance LLC priced $3.15 million of 0% digital notes due May 19, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If the index return is greater than or equal to negative 15%, the payout at maturity will be par plus 14.6%. Otherwise, investors will lose 1.17647% for every 1% that the index declines beyond 15%.

BofA Merrill Lynch is the underwriter.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Digital notes
Underlying index:Euro Stoxx 50
Amount:$3,153,000
Maturity:May 19, 2021
Coupon:0%
Price:Par
Payout at maturity:If index return is greater than or equal to negative 15%, par plus 14.6%; otherwise, 1.17647% loss for every 1% that index declines beyond 15%
Initial index level:3,280.43
Pricing date:May 31
Settlement date:June 7
Underwriters:BofA Merrill Lynch
Fees:0%
Cusip:09709TSF9

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