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BofA plans 42-month par-protected notes with no cap tied to FTSE 100
By Susanna Moon
Chicago, July 12 – BofA Finance LLC plans to price 0% leveraged notes due Jan. 28, 2022 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
If the index falls, the payout will be par.
The notes are guaranteed by Bank of America Corp.
BofA Merrill Lynch is the agent.
The notes are expected to price on July 26.
The Cusip number is 09709TFP1.
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