New Issue: BofA Finance sells $2.36 million leveraged buffered notes on basket

By Tali Rackner

Minneapolis, Jan. 5 – BofA Finance LLC priced $2.36 million of 0% leveraged buffered notes due March 4, 2020 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 includes the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 1.8 times any basket gain, up to a maximum settlement amount of $1,436.50 per $1,000 of notes.

Investors will receive par if the basket falls by 15% or less and will lose 1.1765% for every 1% decline in the basket beyond 15%.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged buffered notes
Basket components:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$2,356,000
Maturity:	March 4, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If basket return is positive, par plus 1.8 times any gain, capped at $1,436.50 per $1,000 of notes; par if basket falls by up to 15%; 1.1765% loss for every 1% decline in basket beyond 15%
Initial levels:	3,503.96 for Euro Stoxx, 7,687.77 for FTSE, 1,817.56 for Topix, 9,381.87 for Swiss Market and 6,065.129 for S&P/ASX
Pricing date:	Dec. 29
Settlement date:	Jan. 8
Agent:	BofA Merrill Lynch
Fees:	0%
Cusip:	09709TCS8

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