By William Gullotti
Buffalo, N.Y., April 9 – BofA Finance LLC priced $3.57 million of 0% enhanced return notes due Dec. 29, 2028 linked to the performance of an equally-weighted basket, 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 iShares Core U.S. Aggregate Bond ETF and the S&P 500 index.
If the basket gains, the payout at maturity will be par plus the return of the basket.
Otherwise, investors will receive par.
BofA Securities, Inc. is the selling agent.
| Issuer: | BofA Finance LLC
|
| Guarantor: | Bank of America Corp.
|
| Issue: | Enhanced return notes
|
| Underlying assets: | S&P 500 index, iShares Core U.S. Aggregate Bond ETF; equal weights
|
| Amount: | $3,574,000
|
| Maturity: | Dec. 29, 2028
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any basket gain; otherwise, par
|
| Initial levels: | $97.64 for ETF, 5,218.19 for S&P
|
| Pricing date: | March 25
|
| Settlement date: | March 28
|
| Selling agent: | BofA Securities, Inc.
|
| Fees: | 3.65%
|
| Cusip: | 09711B7D2
|
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