BofA plans contingent income autocalls due 2026 on S&P and Russell

Chicago, March 6 – BofA Finance LLC plans to sell contingent income autocallable notes due March 27, 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 will pay a contingent quarterly coupon at an annual rate of at least 6% if each underlying asset closes at or above its 70% threshold value on the relevant observation date.

The notes will be called at par plus the coupon if each underlying component closes at or above its initial level on any observation date after one year.

The payout at maturity will be par plus the final coupon if the least performing asset finishes above its 70% threshold value.

Otherwise, investors will be exposed to the losses of the least performing index.

The notes are guaranteed by Bank of America Corp.

BofA Merrill Lynch is the agent.

The notes will price March 26 and settle March 29.

The Cusip number is 09709TNX5.

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