New Issue: BofA prices $865,000 dual directional buffered notes tied to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Nov. 7 – BofA Finance LLC priced $865,000 of 0% dual directional buffered notes due May 3, 2022 linked to 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 the least-performing index finishes at or above the initial level, the payout at maturity will be the return of that index.

If the least-performing index falls but by no more than the 15% buffer, the payout will be par plus the absolute value of the return of that index.

If the least-performing index falls by more than 15%, investors will lose 1% for the 1% decline of the least-performing index beyond the buffer.

BofA Merrill Lynch is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Dual directional buffered notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$865,000
Maturity:	May 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the index gains, par plus return of index; if the index falls but by no more than 15% buffer, par plus absolute value of return of index; if the index falls by more than 15%, investors will lose 1% for the 1% decline of the index beyond buffer
Initial levels:	1,558.708 for Russell, 3,022.55 for S&P
Buffer values:	1,324.902 for Russell, 2,569.17 for S&P, 85% of initial values
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	BofA Merrill Lynch
Fees:	0.25%
Cusip:	09709TWU1

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