By Wendy Van Sickle
Columbus, Ohio, March 26 – BofA Finance LLC priced $2.27 million of 0% enhanced return notes due March 23, 2029 linked to the S&P 500 Futures Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Bank of America Corp.
The payout at maturity will be par plus 115% of any index gain.
Investors will receive par if the index falls or finishes flat.
BofA Securities, Inc. is the selling agent.
| Issuer: | BofA Finance LLC
|
| Guarantor: | Bank of America Corp.
|
| Issue: | Enhanced return notes
|
| Underlying index: | S&P 500 Futures Excess Return index
|
| Amount: | $2,272,000
|
| Maturity: | March 23, 2029
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 115% of any index gain; par if the index falls or finishes flat
|
| Initial level: | 458.27
|
| Pricing date: | March 20
|
| Settlement date: | March 25
|
| Selling agent: | BofA Securities, Inc.
|
| Fees: | 4%
|
| Cusip: | 09711BBP0
|
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