New Issue: BofA sells $3.58 million 10.25% fixed income buffered issuer callable notes on indexes

By William Gullotti

Buffalo, N.Y., Dec. 28 – BofA Finance LLC priced $3.58 million of 10.25% fixed income buffered issuer callable yield notes due Jan. 3, 2025 linked to the performance of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be paid monthly.

The notes are callable at par plus a fixed coupon on Dec. 30, 2024.

The payout at maturity will be par plus the final coupon unless the worst performing index finishes below its 75% buffer level, in which case investors will lose 1.33333% for each 1% decline of the worst performer beyond 25%.

The notes are guaranteed by Bank of America Corp.

BofA Securities, Inc. is the selling agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Fixed income buffered issuer callable yield notes
Underlying indexes:	Nasdaq-100 index, Russell 2000 index, S&P 500 index
Amount:	$3,579,000
Maturity:	Jan. 3, 2025
Coupon:	10.25% annualized, payable monthly
Price:	Par
Payout at maturity:	If each index finishes at or above buffer level, par plus final coupon; otherwise, 1.33333% loss for each 1% decline of worst performer beyond 25%
Call option:	At par plus the fixed coupon on Dec. 30, 2024
Initial levels:	14,715.24 for Nasdaq, 1,785.102 for Russell, 4,288.05 for S&P
Buffer levels:	11,036.43 for Nasdaq, 1,338.827 for Russell, 3,216.04 for S&P; 75% of initial levels
Pricing date:	Sept. 29
Settlement date:	Oct. 4
Selling agent:	BofA Securities, Inc.
Fees:	0.06%
Cusip:	09711ARJ9

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