New Issue: BofA sells $926,000 enhanced return notes on S&P, Russell

By William Gullotti

Buffalo, N.Y., June 21 – BofA Finance LLC priced $926,000 of 0% enhanced return notes due May 19, 2026 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If both indexes gain, the payout at maturity will be par plus 1.47 times the index gain of the worst performer.

If either index declines by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the lesser performing index declines from its initial level.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Enhanced return notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$926,000
Maturity:	May 19, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.47 times any index gain of lesser performing index; if either index declines by up to 30%, par; otherwise, investors will lose 1% for every 1% the lesser performing index declines from its initial level
Initial levels:	4,173.85 for S&P, 2,224.63 for Russell
Threshold levels:	2,921.7 for S&P, 1,557.241 for Russell; 70% of initial levels
Pricing date:	May 14
Settlement date:	May 19
Selling agent:	BofA Securities, Inc.
Fees:	0.45%
Cusip:	09709UKY3

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