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Published on 12/4/2018 in the Prospect News Structured Products Daily.

New Issue: BofA prices $25.82 million Accelerated Return Notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Dec. 4 – BofA Finance LLC priced $25.82 million of 0% Accelerated Return Notes due Jan. 31, 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 consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei Stock Average index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par of $10 plus triple any basket gain, subject to a maximum return of 22.85%. Investors will be exposed to any basket decline.

BofA Merrill Lynch is the agent.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying indexes:Euro Stoxx 50 (40% weight), FTSE 100 (20% weight), Nikkei Stock Average (20% weight), Swiss Market (7.5% weight), S&P/ASX 200 (7.5% weight) and Hang Seng (5% weight)
Amount:$25,822,110
Maturity:Jan. 31, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any basket gain, capped at 22.85%; exposure to any basket decline
Initial index levels:3,174.16 for Stoxx, 7,038.95 for FTSE, 22,262.60 for Nikkei, 9,015.59 for Swiss, 5,758.416 for S&P/ASX, 26,451.03 for Hang Seng
Pricing date:Nov. 29
Settlement date:Dec. 7
Underwriters:BofA Merrill Lynch
Fees:2%
Cusip:097098123

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