New Issue: BofA prices $2.54 million leveraged buffered notes tied to basket

By Wendy Van Sickle

Columbus, Ohio, Jan. 11 – BofA Finance LLC priced $2.54 million of 0% leveraged buffered notes due Dec. 8, 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 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% 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 2.4 times any basket gain up to a maximum payout of par plus 33%.

Investors will receive par if the basket falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.

BofA Merrill Lynch is the underwriter.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Leveraged buffered notes
Underlying assets:	Euro Stoxx 50 index with a 36% weight, Topix index with a 27% weight, FTSE 100 index with a 20% weight, Swiss Market index with a 9% weight, S&P/ASX 200 index with an 8% weight Amount:	$2,542,000
Maturity:	Dec. 8, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2.4 times any basket gain up to maximum of par plus 33%; par if the basket falls by up to 20%; 1.25% loss for every 1% decline beyond 20%
Initial levels:	3,041.85 for Stoxx, 1,471.16 for Topix, 6,837.42 for FTSE, 8,608.56 for Swiss Market and 5,619.355 for S&P/ASX 200
Pricing date:	Jan. 4
Settlement date:	Jan. 11
Underwriter:	BofA Merrill Lynch
Fees:	0%
Cusip:	09709TMC2

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