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BofA Finance amends maturity date of notes tied to three stocks
By Sarah Lizee
Olympia, Wash., May 21 – BofA Finance LLC changed the maturity date of its upcoming 0% notes linked to the common stocks of Facebook, Inc., Microsoft Corp. and Citigroup Inc., according to a 424B2 filing with the Securities and Exchange Commission.
The maturity date was changed to May 26, 2022 from May 20, 2022.
Also, the pricing date was changed to May 22, from May 17 previously.
The notes will be guaranteed by Bank of America Corp.
If each stock gains, the payout at maturity will be par plus the return of the least performing stock, capped at par plus 25%.
Otherwise, the payout will be par.
BofA Securities Inc. is the agent.
The Cusip number is 09709TSW2.
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