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Published on 10/3/2023 in the Prospect News Structured Products Daily.

New Issue: BofA prices $343,300 capped gears linked to five-index basket

Chicago, Oct. 3 – BofA Finance LLC priced $343,300 of 0% capped gears due Nov. 30, 2023 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 17.5% weight, the Nikkei 225 index with a 25% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with a 7.5% weight.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 26.7%.

Investors will be exposed to any losses.

BofA Securities is the underwriter with UBS Financial Services Inc. as selling agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Capped gears
Underlying indexes:Euro Stoxx 50 (40% weight), FTSE 100 (17.5% weight), Nikkei 225 (25% weight), Swiss Market (10% weight) and S&P/ASX 200 (7.5% weight)
Amount:$343,300
Maturity:Nov. 30, 2023
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any basket gain, capped at 26.7%; 1% loss per 1% decline
Initial levels:3,335.30 for Stoxx, 7,005.39 for FTSE, 26,173.98 for Nikkei, 10,220.76 for Swiss Market, 6,462.027 for S&P/ASX
Pricing date:Sept. 28, 2022
Settlement date:Sept. 30, 2022
Underwriter:BofA Securities with UBS Financial Services Inc. as selling agent
Fees:2%
Cusip:09710H856

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