BofA plans 7.15% contingent income autocallables tied to three indexes

Chicago, Feb. 8 – BofA Finance LLC plans to price contingent income autocallable notes due March 1, 2029 linked to the worst performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annualized rate of 7.15% if each index closes at or above its 70% threshold on the quarterly determination date.

The notes will be automatically redeemed at par if all three indexes close above their initial values on any observation date beginning March 1, 2020.

The payout at maturity will be par plus the coupon if all three indexes close above their 70% coupon barrier values.

The payout will be par if the lowest performing index closes below 70% of its initial value and above its 50% threshold value.

If the lowest performing index closes below 50% of its initial level investors will be fully exposed to any losses of the worst performing index.

The notes will be guaranteed by Bank of America Corp.

BofA Merrill Lynch is the agent.

The notes are expected to price on Feb. 25.

The Cusip number is 09709TND9.

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