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Published on 7/14/2019 in the Prospect News Structured Products Daily.

New Issue: BofA prices $14.14 million Accelerated Return Notes on index basket

Chicago, July 15 – BofA Finance LLC priced $14.14 million of 0% Accelerated Return Notes due July 31, 2020 linked to a global equity basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

The basket consists of the S&P 500 index with a 60% weight, the Euro Stoxx 50 index with a 30% weight and the Russell 2000 index with a 10% weight.

The payout at maturity will be par of $10 plus triple any basket gain, subject to a maximum return of 12.4%. Investors will be exposed to any basket decline.

BofA Securities, Inc. is the underwriter.

Issuer:BofA Finance LLC
Guarantor:Bank of America Corp.
Issue:Accelerated Return Notes
Underlying basket:S&P 500 index (60% weight), Euro Stoxx 50 index (30% weight) and Russell 2000 index (10% weight)
Amount:$14,140,500
Maturity:Aug. 28, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any basket gain, subject to a maximum return of 12.4%; full exposure to any basket decline
Initial index levels:2,924.92 for S&P, 3,442.38 for Stoxx, 1,546.55 for Russell
Pricing date:June 27
Settlement date:July 5
Underwriters:BofA Securities, Inc.
Fees:2%
Cusip:097098743

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