New Issue: BofA Finance prices $27.99 million digital notes tied to index basket

By Wendy Van Sickle

Columbus, Ohio, Feb. 5 – BofA Finance LLC priced $27.99 million of 0% digital notes due Aug. 6, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Bank of America Corp.

The basket consists of 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.

If the basket return is zero or positive, the payout at maturity will be the greater of the threshold settlement amount, $1,364.00 per $1,000 principal amount, and par plus the basket return.

Investors will be fully exposed to losses.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Digital notes
Underlying indexes:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$27,985,000
Maturity:	Aug. 6, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus greater of basket return and 36.4%; exposure to losses
Initial index levels:	3,577.35 for Euro Stoxx 50; 7,490.39 for FTSE 100; 1,870.44 for Topix; 9,290.92 for Swiss Market; 6,090.067 for S&P/ASX 200
Pricing date:	Feb. 1
Settlement date:	Feb. 8
Agent:	BofA Merrill Lynch
Fees:	2.53%
Cusip:	09709TCX7

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