New Issue: BofA prices $58.72 million 10.5% fixed income issuer callable yield notes on indexes

By Wendy Van Sickle

Columbus, Ohio, Dec. 28 – BofA Finance LLC priced $58.72 million of fixed income issuer callable yield notes due Dec. 23, 2024 linked to the Russell 2000 index, the Nasdaq-100 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 10.5%, paid monthly.

The securities may be called on any monthly call date after six months.

If the worst performing index gains or ends above its 70% threshold value the payout at maturity will be par plus the contingent coupon. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below its threshold value.

The notes are guaranteed by Bank of America Corp.

BofA Securities, Inc. is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Fixed income issuer callable yield notes
Underlying indexes:	Russell 2000 index, Nasdaq-100 index and S&P 500 index
Amount:	$58,719,000
Maturity:	Dec. 23, 2024
Coupon:	10.5%, paid monthly
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its 70% threshold value, par; 1% loss for every 1% that worst performing index declines if it finishes below its threshold value
Call:	On any monthly call date after six months
Initial levels:	1,985.127 for Russell, 16,623.45 for Nasdaq Index, 4,719.19 for S&P
Downside thresholds:	1,389.589 for Russell, 11,636.42 for Nasdaq Index, 3,303.43 for S&P, 70% of initial level
Pricing date:	Dec. 15
Settlement date:	Dec. 20
Agent:	BofA Securities, Inc.
Fees:	0.25%
Cusip:	09710PC38

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