New Issue: BofA prices $21.6 million Capped Leveraged Index Return Notes on S&P

By Sarah Lizee

Olympia, Wash., July 30 – BofA Finance LLC priced $21.6 million of 0% Capped Leveraged Index Return Notes with Absolute Return Buffer due July 26, 2024 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes will be guaranteed by Bank of America Corp.

The payout at maturity will be par of $10 plus 1.5 times any index gain, subject to a maximum return of 47.44%.

If the index declines by up to 20%, the payout will be par plus the absolute value of the return of the index.

Otherwise, investors will lose 1% for every 1% decline beyond 20%.

BofA Securities, Inc. is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes with Absolute Return Buffer
Underlying index:	S&P 500
Amount:	$21,602,210
Maturity:	July 26, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.5 times any index gain, subject to a maximum return of 47.44%; if the index declines by up to 20%, par plus the absolute value of the return of the index; otherwise, investors will lose 1% for every 1% decline beyond 20%
Initial index level:	3,003.67
Threshold level:	2,402.94, 80% of initial level
Pricing date:	July 25
Settlement date:	Aug. 1
Agent:	BofA Securities, Inc.
Fees:	2.5%
Cusip:	097098818

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